The Kids Left And Now What: Why Empty Nesters Are The Fastest Growing Expat Group In Europe
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The Kids Left And Now What: Why Empty Nesters Are The Fastest Growing Expat Group In Europe
"A much bigger share of the people now looking seriously at Europe are in the empty-nest years, not the full-retirement years. Zillow's 2024 analysis says the United States had roughly 20.9 million empty-nest households in 2022, up from 20.2 million in 2017, and those households made up 16% of all U.S. households."
"The children are out. The school calendar stops controlling every decision. The house suddenly feels too large or too expensive or too fixed to a life stage that already ended. And unlike the old retire-abroad model, many of these households still have current income, not just future pension income, which makes the move more practical."
"Empty nesters now make so much sense as the growth engine of the Europe move. Not because they are all wealthy. Not because they are all 'starting over.' Because they are finally in the first life stage where moving countries becomes logistically possible before it becomes medically or financially urgent."
The trend of moving to Europe is shifting from retirees to empty nesters. In 2022, there were 20.9 million empty-nest households in the U.S., representing 16% of all households. Surveys indicate that a significant percentage of Gen X and Boomers are contemplating moving abroad. This demographic shift is influenced by the end of active parenting, making international relocation more feasible. Empty nesters often have current income, making the move practical, and they are not solely motivated by wealth or starting anew.
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