Aging in Suburbia: The Must-Have Conversation About Homes and Driving

The Baby Boomers will need to "reinvent" their retirement and lifestyles. More then three-quarters of them live in far-flung suburbs that lack sidewalks and public transportation. Their houses are large and require extensive maintenance and upkeep. And, many have depended on home equity loans and credit cards to finance their lifestyle.

The younger generation, who would buy these homes, is rethinking their own lifestyle. They are heavily in debt from student loans, and are shunning a lifestyle based on long daily commutes and weekends spent on home maintenance projects.

What is the outcome for the national economy, if Baby Boomers find that they are unable to age well in suburbia and begin to unload these large, older properties? What are the personal implications for Baby Boomers, who seek a good retirement?