Size of the “50 and over” Market: 100 Million People, Growing at 10,000 People A Day
The “50 and over” market is the largest and fastest-growing consumer market in the United States. Just how big is the “50 and over” market in the U.S.? Here are some answers:
- 100 million people are 50 and over and that number is growing.
- 10,000 turning 50 every day for the next 3 years.
- 10,000 turning 65 every day for the next 18 years.
- $3 trillion (yes trillion) in annual consumer spending
- 30% of the population, but over 50% of consumer spending in every vertical – especially health care
Join us next week at AARP Health Innovation@50+ LivePitch Sept. 21 in New Orleans and plan your 50+ strategy. Online registration ends this Friday.
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