Friday, September 19, 2008

How Powerful Are Seniors?

According to AARP, the Magazine, seniors are very powerful. Here are a few stats from the September/October 2008 issue:

41 percent of American adults are over 50, the highest percentage in U.S. history.

80 percent of Congress is over 50.

Half of the Americans who voted in the 2006 elections were 50+.

People over 55 own 77 percent of all financial assets in the United States.

50+ adults account for 45 percent of U.S. consumer spending, or $2.1 trillion per year.

By 2011 the American 50+ population will surpass the 100 million mark.

Yes, we are a powerful group. Now, let us wisely use our power to make this world a better place.

What can you do today to make this a better world? What have you done in the past?

2 comments:

Care Buzz said...

With the following kinds of stats below that you posted - it would seem that 50+ pop would have more control of what's going on in our economy crisis...

And it would seem that we would not have elder care crisis either that is looming in our near future.

How much control do Americans really have then.. if we own 77% of financial assets in US?

80 percent of Congress is over 50.

Half of the Americans who voted in the 2006 elections were 50+.

People over 55 own 77 percent of all financial assets in the United States.

50+ adults account for 45 percent of U.S. consumer spending, or $2.1 trillion per year.

By 2011 the American 50+ population will surpass the 100 million mark.

A.M.Writer said...

I think one of the problems is the world is attuned to the 18 to 49-year-old demographics because of their spending power. Also, as people age, they seem to disappear somehow. They lose whatever power they had when they were younger. Possibly they are tired, weary, ill. Whatever it may be, the fight, if you will, seems to go out of them (us). I think AARP and others like them are trying to rally the senior troups to make a difference. We will see what happens as the boomers age. Should be interesting to see how the focus changes, if it does.