The Longevity Economy The Emerging Market in Plain Sight
Jody Holtzman Senior Vice President, Thought Leadership, AARP
Envision a National Economy United States United Kingdom China Mexico Barbados Wherever 4
Now, Envision a Healthy National Economy New business formation 5
Now, Envision a Healthy National Economy Job creation 6
Now, Envision a Healthy National Economy Productivity growth 7
Now, Envision a Healthy National Economy Tax generation 8
Now, Envision a Healthy National Economy New ideas 9
Now, Envision a Healthy National Economy Disruption 10
Now, Envision a Healthy National Economy Innovation 11
Now, Envision a Healthy National Economy New business models 12
Now, Envision a Healthy National Economy Investment 13
Now, Envision a Healthy National Economy New markets 14
Now, Envision a Healthy National Economy New industries 15
Now, Envision a Healthy National Economy New economic value 16
Now, Envision a Healthy National Economy Demographic growth 17
Now, Envision a Healthy National Economy Value chains 18
Now, Envision a Healthy National Economy Supply chains 19
Now, Envision a Healthy National Economy Multiplier effects 20
Now, Envision a Healthy National Economy GDP growth 21
Now, Envision a Healthy National Economy Serving the needs, desires, and preferences of over 100 million people
That is the… Longevity Economy! 23
And, it is BIG!! US Longevity Economy “GDP” = $7.1 trillion Third largest in the WORLD! 24
And, it is BIG!! $3.1 trillion in Consumer spending 25
And, it is BIG!! Another $1.6 trillion in Health Care spending 26
And, it is BIG!! Twice as many startups created than by people in their 20s 27
…and benefits people and families of all ages and generations Generates almost 100 million jobs… 28
…and benefits people and families of all ages and generations $4.5 trillion in salary and wages 29
…and benefits people and families of all ages and generations $1.75 trillion in Federal and State & Local taxes 30
So… Why is this important?? 31
First… Because it changes the narrative about longevity and aging 32
And second… From an economic standpoint, not only can we afford this growing number of older people 33
Not only… Are they NOT a drain on the economy 34
But, rather… They are a key driver of economic growth, innovation, and new value creation 35
It is… Only in Washington, DC that addressing the needs of over 100 million people is called an unaffordable cost and financial burden 36
But… In the private sector and for entrepreneurs, addressing the needs of over 100 million people is called an opportunity 37
Mary Meeker said… There is $36 trillion in market cap that is up for disruption 38
Within the Longevity Economy… Are large areas for innovation, disruption, and investment opportunity 39
All… In verticals where products and services are sub- optimal, consumers spend a lot but “make do,” while their needs, wants, and preferences go unmet 40
For example… Transportation Travel Social Media Consumer Electronics Retail Education 41
And… Health & Wellness 42
Increasingly, the Longevity Economy… Is being viewed as too big to ignore! 43
Over 40… Notable VCs, making multiple investments in the 50+ space 47
More info: THANK YOU!!