America’s baby boom is set to become the elderly explosion, particularly in Montana’s rural and scenic small towns, as an increasing number of people teeter on the edge of retirement.
In their golden years, the baby boomers are looking for mountains and beaches and lakeshores and, according to a new U.S. Department of Agriculture report, their migration to small towns “will affect rural economies and rural development policy efforts for years to come.…
Their work supports 20 years of research by Ray Rasker, executive director at Bozeman-based Headwaters Economics. ‘The retirees are going to go to the places with the highest amenities,’ Rasker said, meaning rural towns with trails and views and wide open spaces.…
Link to Article By Michael Jamison
Link to Study