INDIANAPOLIS (WISH) – Those over 50 account for more than one-third of the U.S. population, half of all consumer spending and 83 % of household wealth.
Catering to the aging population may be a lucrative opportunity for entrepreneurs and investors – one that could be similar to investing in the software boom in the 1980s or the internet in the 1990s.
Analysts and public health experts say the 50-plus set represents an $8 trillion market opportunity in the U.S. and $22 trillion globally.
Jane King has more on this story.
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