Wright, Lori

English

UNH Scholars' Repository

University of New HampshireUniversity of New Hampshire Scholars' RepositoryMedia Relations Administrative Offices5-2-2006Baby Boomers Give A Whole New Meaning ToThe Idea Of RetirementLori WrightFollow this and additional works at: https://scholars.unh.edu/newsThis News Article is brought to you for free and open access by the Administrative Offices at University of New Hampshire Scholars' Repository. It hasbeen accepted for inclusion in Media Relations by an authorized administrator of University of New Hampshire Scholars' Repository. For moreinformation, please contact nicole.hentz@unh.edu.Recommended CitationWright, Lori, "Baby Boomers Give A Whole New Meaning To The Idea Of Retirement" (2006). UNH Today. 980.https://scholars.unh.edu/news/9809/18/17, 10)47 AMBaby Boomers Give A Whole New Meaning To The Idea Of RetirementPage 1 of 2http://www.unh.edu/delete/news/cj_nr/2006/may/lw_060502baby.cfm@type=n.html Baby Boomers Give A Whole New Meaning To The IdeaOf RetirementContact:  Lori Wright 603-862-0574UNH Media RelationsMay 2, 2006DURHAM, N.H. -- They demanded cultural and political change. They influenced new artisticgenres and styles of music. Now America’s restless baby boomers, the first of whom areentering their retirement years this year as they turn 60, are changing the way Americansretire.Not willing to settle for facilities that do little more than house people as they get older,today’s retiring baby boomers, who were born from 1946 to 1964, are demanding top-notchretirement facilities that fit their picture of what the golden years should be: relaxing, stayingactive and enjoying a more luxurious lifestyle.“The next generation of retirees will be more demanding from the ‘me’ perspective, which ismuch different than the World War II generation. The new age of retirement is all aboutkeeping active and enjoying life – the idealized concept of what retirement should be,” saysRaymond Goodman, chair of the hospitality department at the University of New Hampshire.Goodman also is chair of the Board of Trustees at two continuing care retirementcommunities, RiverWoods at Exeter and its newest neighborhood, The Ridge at RiverWoods.Retirees no longer will settle for a few board games and shuffleboard in a community room tokeep them busy. Their list of must haves now includes prepared meal service in a restaurantenvironment, exercise equipment and aerobics rooms (some with personal trainers), poolsand whirlpools, walking and hiking trails, wellness programs, wood-working and hobby shops,movie theatres, golf courses, billiard and game rooms, computer labs, libraries, music rooms,creative arts studios, apartment maintenance and repair, courtesy transportation, andhousekeeping and linen service.Regarding health care, the retiring baby boomers demand a continuum of care thatincorporates all levels of service from one facility: independent living units and an on-sitehealth center with assisted living facilities, skilled nursing facilities, specialty care and memorysupport.As delightful as it sounds, the new retirement lifestyle will not be inexpensive. To that end,Goodman advises those planning for retirement to invest in their current housing now.“Continue to upgrade it so that your home resells to the next generation at the highest pricethe market will allow. You then can trade the equity of your home today for the entry orendowment fee for a full-service continuing care retirement community,” he says.EDITORS AND REPORTERS: Goodman is available at 603-862-3303 and at9/18/17, 10)47 AMBaby Boomers Give A Whole New Meaning To The Idea Of RetirementPage 2 of 2http://www.unh.edu/delete/news/cj_nr/2006/may/lw_060502baby.cfm@type=n.htmlraygoodman@aol.com.

Baby Boomers Give A Whole New Meaning To The Idea Of Retirement

University of New Hampshire

University of New Hampshire
University of New Hampshire Scholars' Repository
Media Relations Administrative Offices
5-2-2006
Baby Boomers Give A Whole New Meaning To
The Idea Of Retirement
Lori Wright
Follow this and additional works at: https://scholars.unh.edu/news
This News Article is brought to you for free and open access by the Administrative Offices at University of New Hampshire Scholars' Repository. It has
been accepted for inclusion in Media Relations by an authorized administrator of University of New Hampshire Scholars' Repository. For more
information, please contact nicole.hentz@unh.edu.
Recommended Citation
Wright, Lori, "Baby Boomers Give A Whole New Meaning To The Idea Of Retirement" (2006). UNH Today. 980.
https://scholars.unh.edu/news/980
9/18/17, 10)47 AMBaby Boomers Give A Whole New Meaning To The Idea Of Retirement
Page 1 of 2http://www.unh.edu/delete/news/cj_nr/2006/may/lw_060502baby.cfm@type=n.html
 
Baby Boomers Give A Whole New Meaning To The Idea
Of Retirement
Contact:  Lori Wright 
603-862-0574
UNH Media Relations
May 2, 2006
DURHAM, N.H. -- They demanded cultural and political change. They influenced new artistic
genres and styles of music. Now America’s restless baby boomers, the first of whom are
entering their retirement years this year as they turn 60, are changing the way Americans
retire.
Not willing to settle for facilities that do little more than house people as they get older,
today’s retiring baby boomers, who were born from 1946 to 1964, are demanding top-notch
retirement facilities that fit their picture of what the golden years should be: relaxing, staying
active and enjoying a more luxurious lifestyle.
“The next generation of retirees will be more demanding from the ‘me’ perspective, which is
much different than the World War II generation. The new age of retirement is all about
keeping active and enjoying life – the idealized concept of what retirement should be,” says
Raymond Goodman, chair of the hospitality department at the University of New Hampshire.
Goodman also is chair of the Board of Trustees at two continuing care retirement
communities, RiverWoods at Exeter and its newest neighborhood, The Ridge at RiverWoods.
Retirees no longer will settle for a few board games and shuffleboard in a community room to
keep them busy. Their list of must haves now includes prepared meal service in a restaurant
environment, exercise equipment and aerobics rooms (some with personal trainers), pools
and whirlpools, walking and hiking trails, wellness programs, wood-working and hobby shops,
movie theatres, golf courses, billiard and game rooms, computer labs, libraries, music rooms,
creative arts studios, apartment maintenance and repair, courtesy transportation, and
housekeeping and linen service.
Regarding health care, the retiring baby boomers demand a continuum of care that
incorporates all levels of service from one facility: independent living units and an on-site
health center with assisted living facilities, skilled nursing facilities, specialty care and memory
support.
As delightful as it sounds, the new retirement lifestyle will not be inexpensive. To that end,
Goodman advises those planning for retirement to invest in their current housing now.
“Continue to upgrade it so that your home resells to the next generation at the highest price
the market will allow. You then can trade the equity of your home today for the entry or
endowment fee for a full-service continuing care retirement community,” he says.
EDITORS AND REPORTERS: Goodman is available at 603-862-3303 and at
9/18/17, 10)47 AMBaby Boomers Give A Whole New Meaning To The Idea Of Retirement
Page 2 of 2http://www.unh.edu/delete/news/cj_nr/2006/may/lw_060502baby.cfm@type=n.html
raygoodman@aol.com.


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Baby Boomers Give A Whole New Meaning To The Idea Of Retirement

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