Senior or older African American couple standing in front of their home.

Boomer Homeownership and Retirement

September 3, 2025

With the youngest baby boomers turning 60 in 2024, a survey from mortgage agency Freddie Mac looked at the relationship of boomer homeownership to retirement and aging. Here are some of the findings. All percentages apply to baby boomers (born 1946 to 1964), who hold about half the nation’s home equity, amounting to more than $17 trillion.

Homeowners who are confident in having a comfortable retirement: 68%

Renters who are confident in having a comfortable retirement: 42%

Homeowners who still live in the first home they owned: 34%

Homeowners who plan to leave home or proceeds from sale of home to their children or family members: 75%

Homeowners who plan to stay in their current home for the rest of their lives: 68%

Women who would consider moving in with adult children: 40%

Men who would consider moving in with adult children: 25%

Source: Freddie Mac, December 19, 2024

  

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