Now, more than ever, many grandparents want to be near their grandchildren to make up for any lost time. But how are they getting that “Grandparent Wish?” The data tells us many are moving to make sure they’re getting more quality time.
Grandparents Are Moving To Be Near Loved Ones
Recent data from the National Association of Realtors (NAR) shows people between the ages of 55 and 74 are moving farther from where they live (more than 100 miles) than any other age group (see graph below):
The average age of grandparents in the U.S. is 67 years. The logical leap is that at least some of the people who are moving the furthest are grandparents. But what’s causing them to move so far?
The same report from NAR shows the top reason people move is to be closer to loved ones (see graph below):
Based on this data, it’s fair to say many grandparents are getting their wish of more quality time with their grandchildren by moving to be closer to them. They share with me so many joyful moments being connected and part of their grandkids lives.
If you’re a grandparent, you know how important your grandchildren are. And you may be willing to sell and move just to be closer by. As Vance Cariaga, a journalist at Go Bank Rates, explains:
“Never underestimate the power of grandchildren – especially when it comes to lifestyle and financial decisions. Recent data shows that many baby boomers are relocating further away from home than they used to so they can be closer to their grandbabies.”
In A Nutshell . . .
The data shows grandparents are moving further to be near their grandchildren. If you have grandchildren of your own, maybe you can relate. When you decide it’s time to be closer to your loved ones, let’s connect.