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The 62+ Consumer TR Mann Consulting
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Love their Grandchildren: TR Mann Consulting
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Men and Women age 62-plus: They spend nearly $30 billion each year on their grandchildren. 74% buy quality clothing 60% buy books 38% buy toys Source: Age Wave Communications TR Mann Consulting
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Men and Women age 62-plus: They buy 1 in every 4 toys sold in America. Source: Age Wave Communications TR Mann Consulting
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Financial Clout TR Mann Consulting
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Men and women age 62-plus: Represent 60% of all stockholders Own 60% of annuities Source: Age Power: How the 21 st Century will be ruled by the New Old by Ken Dychtwald, Ph.D. (Tarcher/Putnam 9/2000) TR Mann Consulting
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Men and women age 62-plus: Own 40% of all mutual funds ($1 trillion) Represent 50% of all IRA and Keough holders Source: Age Power: How the 21 st Century will be ruled by the New Old by Ken Dychtwald, Ph.D. (Tarcher/Putnam 9/2000) TR Mann Consulting
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Men and women 62-plus: Earn $2 trillion in income TR Mann Consulting
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Men and women age 62-plus: Account for 12.3% of the total population (that’s 35.6 million people) TR Mann Consulting
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Men and women age 62-plus: Own more than 70% of financial assets in America TR Mann Consulting
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Men and women age 62-plus: Represent nearly $2.4 trillion in buying power TR Mann Consulting
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Men and women age 62-plus: Consume 74% of all prescription drugs Source: Age Power: How the 21 st Century will be ruled by the New Old by Ken Dychtwald, Ph.D. (Tarcher/Putnam 9/2000) TR Mann Consulting
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Men and women age 62-plus: 51% of all OTC drug sales Source: Age Power: How the 21 st Century will be ruled by the New Old by Ken Dychtwald, Ph.D. (Tarcher/Putnam 9/2000) TR Mann Consulting
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$ pending to Live Better… TR Mann Consulting
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New vehicle purchases exceed $54 billion Source: US Mature Market, MarketResearch.com TR Mann Consulting
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More than $62 million spent on entertainment Source: US Mature Market, MarketResearch.com TR Mann Consulting
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Represent $168 billion market for the food industry Source: US Mature Market, MarketResearch.com TR Mann Consulting
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High-income 62-plus households have doubled over the past decade Source: US Mature Market, MarketResearch.com TR Mann Consulting
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Online in the Golden Years… TR Mann Consulting
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46% have been using the internet for over 5 years TR Mann Consulting
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Over half of adults age 62-plus own computers Source: US Senate Committee on Age: Senior Net 2002, eMarketer,com, Forrester Research, Center for Media Research TR Mann Consulting
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72% research health information online Source: US Senate Committee on Age: Senior Net 2002, eMarketer,com, Forrester Research, Center for Media Research TR Mann Consulting
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72% stay current with news and events TR Mann Consulting Source: US Senate Committee on Age: Senior Net 2002, eMarketer,com, Forrester Research, Center for Media Research
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92% have shopped online Source: US Senate Committee on Age: Senior Net 2002, eMarketer,com, Forrester Research, Center for Media Research TR Mann Consulting
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“People turning 65 today have another 20 years of their adult life ahead of them” TR Mann Consulting
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Median Household Net Worth <35: $7k 35-44: $44k 45-54: $83k 55-64: $112k 65-69: $114k 70-74: $120k >74: 100k Source: U.S. Census TR Mann Consulting
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Tom Mann, Managing Partner (410)-292-4333 www.TRMann.com
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