Journal of the Korean housing association (한국주거학회논문집)

The Korean Housing Association (한국주거학회)
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U.S. Baby Boomers' Intention to Move and Reasons for Moving after Retirement

은퇴 후 주거이동 의사가 있는 미국 베이비붐 세대의 주거이동 요인분석

  • Kwon, Hyun Joo (Interior Design, Department of Art and Design, Purdue University)
  • Received : 2014.06.27
  • Accepted : 2014.09.15
  • Published : 2014.10.25
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Abstract

The purpose of this study is to identify U.S. Baby Boomers' intention to move and their reasons for moving after retirement, and to examine the associations between their socio-demographic characteristics and housing characteristics, and their reasons for moving after retirement factors. A total of 403 usable data were collected through an online survey using a self-administrated questionnaire. For data analyses, descriptive statistics, factor analysis, t-test, and ANOVA were used. Almost 30% of the total respondents considered moving and 15% were strongly agreed to move after their retirement. The most frequently mentioned reasons for moving after retirement were 'a place with good weather', 'being close to leisure activities', and 'a change or decline of my current neighborhood'. Four factors of reasons for moving after retirement (quality of residential environment, need assistant, proximity to activities, and proximity to family/friends) were identified. Age, marital status, number of household, housing type, homeownership, length of residence, and number of bedroom were significantly associated with the four factors of reasons for moving. The results of this study provide a better understanding to U.S. Baby Boomers' housing behavior after retirement which is 10 years faster than Korea, and suggest insights of housing plan for Korean older adults.

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