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85 East Holly Street
Pasadena, CA 91103
626.795.4331

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50+ Market Data & Factoids

The 50+ market...

  • acquires 41% of all new cars

  • purchases 25% of all toys

  • buys 80% of luxury travel

  • spent $35 billion last year on their grandchildren

  • spent $30 billion last year on anti-aging products

  • say they will continue working after retirement (47% of Boomers)

  • owns 75% of the nation's financial assets

  • controls 80% of all savings

  • owns 50% of all corporate stock

  • spends $7 billion online each year

  • spends more capita on groceries, travel and leisure that any other age group

  • accounts for 60% of all heath care spending

  • purchases 74% of all prescription drugs

  • buys 51% of all OTC products

  • 40% of the 97 million over 45 adults in this country are single

  • Consumers age 50+ currently spend $1.7 trillion on goods and services. By 2010, it will be $2.6 trillion

  • By 2009, over half of all US heads-of-households will be 50+

Source: National Senior Games Association

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