Are Retirees Looking Outside of Florida?

Florida used to pull retirees in by the millions. Now real-estate prices have collapsed and unemployment has skyrocketed. Some retirees are returning to points north, and a new generation is not intent on repopulating the Sunshine State.

"People have a lot more options than just going to Florida. Many new retirement communities have been built in Maryland, Delaware, the Carolinas, and Georgia," reports E. Thomas Wetzel, president of the Retirement Living Information Center. "There's even a group of retirees called halfbacks, who went to Florida, didn't like it, came halfway back and settled in Georgia, North Carolina, Tennessee, and Kentucky, where they get four seasons."

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