Too many people have all kinds of weird things pop into their heads when you mention the word “wealth.” So when an article appears that mentions (almost certainly correctly) that Baby Boomers are at the moment the wealthiest generation and reveals how they are apparently flocking to a town in Texas with wheelbarrows full of cash (almost certainly an exaggeration), it’s easy to spot some of those misconceptions.
Georgetown, Texas, is the place to be, at least if you’re of a certain age. Thanks to a surge in baby boomers moving into the city just 40 miles north of Austin, it’s the fastest-growing city in America.
A new Wall Street Journal report stated that boomers are driving the local population boom as they move into an age-restricted community association known as Sun City Texas, mostly reserved for buyers 55 and older.
Not my cup of tea, but it’s not surprising; Texas is a…
