re: Mike Edmondson to get $128K retirement--state tax free--age 58

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The proportion of those age 65 and older in Raleigh-Cary, N.C., has increased by 60 percent since 2000, the largest uptick of any metro area in the United States. And three Texas cities, Austin, Houston, and Dallas, are among the places with the fastest-growing senior citizen populations. Many cities out West are also home to rapidly growing retiree populations, including Las Vegas, Nev., Boise, Idaho, Provo, Utah, and Colorado Springs, Colo. Only five metro areas registered declines in their numbers of senior citizens: Scranton, Pittsburgh, New Orleans, Buffalo, and Youngstown.

Often, people are choosing to spend their retirement years in places where they spent the final years of their career. "Most of the country is increasing its over-age-45 population simply because people are aging in place," says William Frey, a Brookings Institution senior fellow and author of the report. While some people move to designated retirement communities once they leave their jobs, most people don't. "There is some movement among the retired population, but it's not that huge and people who move typically move locally," says Frey. "Florida is the outlier. In the rest of these places the migration is occurring among people under age 45."

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