ATLANTA, June 9, 2015 /PRNewswire/ -- Today's single
female Boomers are showing no signs of slowing down in their
personal or professional lives. In fact, 50 percent of female
Boomers are still working and 79 percent are satisfied in their
current job position according to new data from Del Webb, a
national brand of PulteGroup, Inc. (NYSE: PHM), one of the nation's
largest homebuilders and the leading builder of communities for
active adults.
The second in a series of newly released data from the 2015 Del
Webb Baby Boomer Survey (conducted online for PulteGroup by Harris
Poll among 1,020 single female U.S. adults ages 50-68) finds 51
percent of single, working Boomer women plan to stay at their
current job for at least five more years, and 34 percent plan to
retire between the ages of 65-69. These findings are consistent
with trends seen in Del Webb
communities, which show the average age of a homebuyer to be 62 and
that many residents continue to work after moving into the
community.
"We've seen that single female Boomers are happier, healthier
and more confident than ever, and our survey results show that
those who are still working aren't rushing to retire," said
Lindy Oliva, the company's division
president. "At our Del Webb
communities, we know a growing number of these empowered women
continue to work well past the age of 65, simply because they love
their jobs. These single Boomers are carving their own paths
professionally and personally."
Mariann Estes,[i] a
single female living in Sun City Mesquite by Del Webb in
Nevada, is one Baby Boomer who
shows no signs of stopping. "To me work has always been about doing
something I enjoy, being useful and getting paid as well!" said
Estes, who is also an active volunteer with organizations that
support children in need. "I still work part-time from home editing
a monthly newsletter for a California labor organization and I enjoy the
challenge. The key for me is to keep doing things that keep me
happy, and right now work is still a part of that mix."
Retirement Is Not the End Game
While the study finds 49 percent of single female Boomers have
already reached their personal career goals, many are making time
later in life to pursue their career passions. Among those single
female Boomers working full-time, one in five (20 percent) plan to
use their retirement years to begin an "encore career," a job which
can provide greater meaning and purpose, as well as a continued
income.
Lori Pierson,[ii] 58
of Sun City Festival in Arizona,
is a single female Boomer who is reinventing herself. A former
Spanish teacher, she wants to use her love of language
and fluency in a new career.
"My goal is to still use my Spanish in some other way that's
helpful to people. Right now I am using it in the customer service
field and working remotely from home. It's also selfish for me too,
because it's a personal goal for me not to lose my Spanish." she
said. "I say I'm a retired Spanish teacher, but I'm really not
retired in that I am still pursuing other things."
More Social Activities and Me Time in Retirement
For the single female Boomers working full-time and planning to
retire, the study found that most are looking forward to more time
for themselves (73 percent), and many plan to retire so they can
spend more time with family (47 percent) and more time for social
activities (46 percent).
For the 40 percent of single female Boomers who are already
retired, one reason may be their smart savings habits. The study
found that 49 percent of single female Boomers ranked saving as
their most important priority over options including a new home,
travel and a new car. And if given an extra $100 this week, 41 percent would save
it.
Additional data on single female Boomers will be released
throughout the year, including sentiments related to dating and
home preferences. For more information, visit
www.delwebbsurvey.com.
Building specifically for homebuyers ages 55 and older,
Del Webb is America's largest
builder of active adult communities with more than 50 Del Webb
communities in 21 states. Of the 76 million Baby Boomers, recent
U.S. Census data shows that as many as 28 million (or 37 percent)
are single females. Del Webb has
conducted more than ten Baby Boomer surveys since 1996. The 2015
Del Webb Baby Boomer Survey is the first time that the company has
exclusively surveyed this unique demographic to take a closer look
at who they are and what really matters to them.
About the Del Webb Baby Boomer Survey
The Del Webb
Baby Boomer Survey was conducted online within the United States by Harris Poll on behalf of
PulteGroup from December 1-8, 2014
among 1,020 single, female U.S. adults ages 50-68, among whom 330
are currently working full-time. Findings for the total sample are
projectable to the universe of 50-68-year-old U.S. females. Total
data were weighted to represent 50-68-year-old U.S. females.
Propensity score weighting was also used to adjust for respondents'
propensity to be online. No estimates of theoretical sampling error
can be calculated. Since 1996, Del
Webb has conducted more than ten Baby Boomer surveys to
better understand this large, powerful demographic.
About Del
Webb
Del Webb is a
national brand of PulteGroup, Inc. (NYSE: PHM). Del Webb is the pioneer in active adult
communities and America's leading builder of new homes targeted to
preretirement and retiring boomers. Del
Webb builds consumer inspired homes and communities for
active adults ages 55+ who want to continue to explore, grow and
learn, socially, physically and intellectually as they look forward
to retirement. For more information on Del
Webb, visit www.delwebb.com.
About PulteGroup, Inc.
PulteGroup, Inc. (NYSE: PHM),
based in Atlanta, Georgia, is one
of America's largest homebuilding companies with operations in
approximately 50 markets throughout the country. Through its
brand portfolio that includes Centex, Pulte Homes, Del Webb and DiVosta Homes, the company is one
of the industry's most versatile homebuilders able to meet the
needs of multiple buyer groups and respond to changing consumer
demand. PulteGroup conducts extensive research to provide
homebuyers with innovative solutions and consumer inspired homes
and communities to make lives better.
For more information about PulteGroup, Inc. and PulteGroup
brands, go to pultegroupinc.com; www.pulte.com; www.centex.com;
www.delwebb.com and www.divosta.com. Follow PulteGroup, Inc.
on Twitter: @PulteGroupNews.
[i] Response obtained by Del
Webb, not by Harris Poll
[ii] Response obtained by Del
Webb, not by Harris Poll
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/no-signs-of-stopping-single-female-baby-boomers-professionally-fulfilled-and-financially-savvy-300095989.html
SOURCE Del Webb; PulteGroup,
Inc.