Retiring Boomers Cashing In: Bradenton Leads in Boomer Wealth

By Kia Ebrahimi Realtor

Bradenton, a city in Florida, is becoming a hotspot for retirees. They are cashing in on their wealth, mainly through boomer home equity. A GOBankingRates study found that Lakewood Ranch, a suburb, has an average household income of $166,376. The typical home value there is $667,429. This shows Bradenton’s strong position in retirement wealth. It…