7/30/2012 – Richest Retirees Settle For Seattle Rain As Florida No. 2

“We have a group of people who have prepared extremely well,” Laura Carstensen, a professor of psychology at Stanford University and director of the Stanford Center on Longevity near Palo Alto, California, said of retirees. “They have a few million dollars in their retirement accounts. They’re going to have a lot of flexibility.”

Read the full article at Bloomberg.