Preparing to Compete for Affordable Housing

Most baby boomers are finding themselves in a less enviable position than their parents did, with more debt and less savings. The average boomer has an average savings of $136,200, which “could be expected to draw only about $9,100 in annual retirement income from those funds, according to the BlackRock CoRI Index 2025”. The net result is that more and more boomers are needing to compete for affordable housing, particularly in the face of Millennials taking longer to purchase homes.

Line Of New Houses