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Factors Influencing Expectations to Move or Age in Place at Retirement Among 40- to 65-Year-Olds

Michigan State University

Kathleen G. McKinney

University of Wisconsin—Stevens Point

This study examines contextual factors related to adult decisions to move or age in place at retirement. Using a broad range of individual community and family factors, the study addresses two primary objectives: (a) comparing those inclined to move or stay at retirement and (b) whether such decisions are more salient as individuals move closer to an actual date of retirement. Salience refers to the change in thinking about relocation, from remote thoughts to concrete decisions. The sample included adults (N=1,285) between 40 and 65 years of age. Logistic regression of two age groups in the sample, 40- to 50-year-olds and 51- to 60-year-olds, indicated both common and differential patterns of planning based on the emerging salience of retirement. Results provide an understanding of factors associated with migration decision making and the evolving salience of thinking about migration. In addition, these findings may facilitate informed community planning.

Key Words: migration at retirement • retirement planning • age in place • retirement/locational decisions

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