Though the Big Apple is the country's most populated metropolitan area, many baby boomers don’t plan to grow old in the “city that never sleeps.”
According to an AARP survey, the majority of respondents, New Yorkers aged 50 and older, will leave the area as they near retirement.
The survey found that 58% of respondents were either ‘very concerned’ or ‘extremely concerned’ about their ability to pay rent in future years. Another one-third lack confidence in their ability to pay their utility bills.
In addition to cost of living, the poll found that boomers also had pedestrian safety concerns regarding sidewalks, streets and traffic lights.
Speak up: Do you currently live in NYC? If so, do you have these concerns? Are you planning to leave?