Your Second Life...

...begins when the dog dies and the kids are out of college.

Unlike many in their parents' generation, who often waited until their later years to move to smaller quarters, some Baby Boomers are pulling up stakes in their 50s, while they are still working.  They are moving to condos, "active adult" communities, or city apartments.  Although parting with belongings can be hard, a surprising number are finding new freedom.

"Boomers may have an adventurous spirit, following careers, following dreams," says Carol Orsborn, co-chair of FH Boom, a marketing group that studies this generation.

About 6 percent of Americans between the ages of 55 and 64 move each year, according to the Over-50 Council of the National Association of Home Builders.  Some change addresses when the nest empties or an early retirement beckons.  Others are eager to reduce upkeep or spend time traveling.  They want a "lock and leave" approach to housing.

Whatever the motive for moving, some experts see a shift under way.  For an older generation, downsizing can be "a tough one," says Lisa LaCount, author of "1,001 Active Lifestyle Communities."  "They have family heirlooms and large pieces of furniture.  They have a lifetime around them."  By contrast, Baby Boomers are a more transient generation.

"Baby Boomers will have an easier time parting with things," says Margit Novack, president of Moving Solutions in Haverstown, Pa.  "They're less invested in things because of their monetary value. Boomers grew up in an age of everything being disposable.  Many are still working.  They look for the most expedient way to get rid of stuff."

Source: The Christian Science Monitor article on CBS News