According to the American Association of Retired Persons magazine, (AARP):
Seniors are the fastest growing population to embrace technology spending $7 billion annually online and their income per capita is 26% higher than the national average. Some other facts about today’s seniors:
- They control 70% of all wealth in the US
- They have more than $2 trillion in annual income
- They have more disposable income than any other age group
- They would be lost with their computers & the internet (84%)
- They purchase 41% of new cars
- They spend 74% more on vacations than any other age group
- They exercise – 16 million say they exercise at least 3 times a week
- They enjoy gambling and are willing to travel to do so
- They spend more on groceries, health products and leisure
- They buy 51% of all over the counter drugs
- The purchase 74% of all prescription drugs
- They purchase 25% of all toys
- They account for 60% of all healthcare spending
- 49% cite health and wellness as their primary concern
- 52% report no physical activity
- 35% report moderate physical activity 12 X a month
- 13% say they’re in excellent health
- 72% have one or more chronic diseases
- 43% have high blood pressure
- 24% have a walking disability
- 16% have diabetes
