Retiring in BC
British Columbia’s climate, lifestyle and recreation properties are attracting increasing numbers of baby boomers, the generation born between 1946 and 1965, from across Canada, says the BC chapter of Retirement Planning Association of Canada (RPAC - BC).
B.C.’s recreational opportunities, property values, healthcare services and a growing peer group with whom to socialize are resulting in growing pockets of retired seniors in the Okanagan, Southern Interior, Vancouver Island and parts of the Kootenays, says RPAC - BC President Terry Colton.
“Baby boomers represent one third of the Canada’s population and control almost half of the country’s wealth,” says Colton, “And their search for a little bit of retirement heaven is focused on B.C.”
Retiring baby boomers are snapping up recreational property in and around communities such as Comox, Penticton, Kelowna, Vernon, Cranbrook, Invermere, and Fernie says Colton, a Vancouver based Professional Retirement Planner and Social Psychologist.