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Home Growth of active adult age-restricted retirement communities in Connecticut

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Identifier	Thesis 1894
Author	Brodnitzki, Thomas X.
Title	Growth of active adult age-restricted retirement communities in Connecticut
Publisher	Central Connecticut State University
Date	2007
Resource Type	Master's Thesis
Notes	The traditional definition of retirement and retirement migration is changing in the United States. This change in retirement is being fueled by the baby boomer generation. The retirement market is set to explode as this cohort of over 75 million Americans prepares to retire in the coming years. Traditional retirement migration has led retirees to move to warmer destinations to live out their remaining years. However, this trend, spurred on baby boomers' desire to do things differently from previous generations, is changing as new, local retirement migration destinations are being built to suit the needs on new-age retirees. This thesis examines the growth of active adult age-restricted retirement communities in the state of Connecticut, a non-traditional retirement destination. Connecticut's population has a higher percentage of baby boomers than the national figure (31.4% - CT and 29.7% - US). In addition to this statistic, Connecticut also illustrates migration data that indicates that is has a sedentary population that does not move very far. These figures offer the potential for a rise in the development of a new retirement alternative. Connecticut has seen a recent surge in the development of active adult age-restricted retirement communities. Towns around the state must now consider if the development of these new communities is a positive economic development option, or if other negative factors outweigh the positive. This thesis provides an overview of Rocky Hill, Connecticut, a community which is currently going through this debate. Rocky Hill has seen eight such communities built in recent years and has illustrated conclusions through revisions to the Planning and Zoning Regulations that their community may be saturated with this type of development. Other towns around the state and in the region can look to the example of Rocky Hill, CT to determine if they wish to promote the development of active adult age-restricted retirement communities.
Subject	Retirement communities -- Connecticut
Department	Department of Geography
Advisor	Truly, David
Type	Text
Digital Format	application/pdf
Language	eng
OCLC number	713734330
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