US Elderly Hold Over 30% of National Wealth
A
Alexander Stiehler at Longevity Investors Conference 2024
Story of claim
In the US, individuals aged 70+ hold over 30% of the nation's wealth, despite representing only 11% of the population. This demographic wields significant spending power.
- Goal: Highlight the economic influence of the elderly demographic in the US.
- Proof: The elderly possess substantial wealth, giving them significant economic influence and spending power.
- Nuances:
- 70+ age group represents 11% of US population.
- They own over 30% of national wealth.
- Impact on Life: This wealth concentration allows the elderly to influence market trends and consumer behavior significantly.
Investments
- Price:
- Time:
- Effort:
Risks
Economic shifts could influence wealth distribution, impacting spending power.
Alternatives
- Target younger demographics with emerging wealth potential.
Get Started 🚀
- Consider marketing strategies targeting the elderly demographic.
- Explore products and services catering to their needs.
- Engage with community programs to understand their preferences.
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