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Topic- Economics of aging
Older adults are spending, but cautiously
Among 2,017 people ages 18 and older responding to a telephone survey in the United States, 26% said they were spending more money in recent months than they used to; 32% were spending the same amount, and 41% reported spending less than they used to.
moreEconomics of aging
Added together, boomer spending will reach billions
The market of boomers, people born 1946-1964, has gained the attention of many types of companies not traditionally targeting “older” adults because of the size of the population. The US Census estimated there were 78.2 million people in the boomer age cohort in 2006. Pulling data from a number of proprietary market reports, a research company projected that the buying power of boomers in the United States will continue to grow.
moreEconomics of aging
Calculators and advisors encourage retirement savings
People who guess at how much money they will need for a comfortable retirement are not as likely to choose an adequate amount of money to save compared to people who use the services of a financial advisor or fill out an online calculator.
moreEconomics of aging
Exercise slows functional decline from Alzheimer's disease
As cognitive skills decline in people with Alzheimer’s disease, so does the ability to function in everyday activities. To determine how effective physical activity could be on the functional abilities of people with Alzheimer’s disease, the Finnish Alzheimer Disease Exercise Trial, a randomized controlled study, was designed to compare different approaches to providing exercise.
moreEconomics of aging
Saved enough for retirement? Working people aren't so sure
People in the United States are constantly being reminded that they need to save for retirement. Are Americans listening?
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