Most boomers are staying put, largely in the suburbs they settled in decades ago

The propensity to move,, starts to drop precipitously as people leave their early 30s. Roughly 1 in 3 people in their 20s move in a given year; by the time they enter their 40s, that figure slides to about 1 in 10.  As people age into their 50s and beyond, the percentage drops to roughly 5%, or 1 in 20.  

Sandi Rosenbloom, a noted expert on retirement trends and a professor of planning and civil engineering at the University of Arizon said, "the boomers are staying put more than anyone thought,” Rosenbloom says. “People of that generation tend to own their own homes and stay there. The idea that they are moving to the city really comes from the wishful thinking school of planning.

The recession has exacerbated this stay-at-home trend. The number of people moving is at its lowest level since the early 1960s. When boomers do decide to move, Rosenbloom notes, they do so largely for prosaic reasons, such as being closer to children or, more important, grandchildren.