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The 62+ Consumer TR Mann

The 62+ Consumer TR Mann Consulting. Love their Grandchildren: TR Mann Consulting

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Page 1: The 62+ Consumer TR Mann Consulting. Love their Grandchildren: TR Mann Consulting

The 62+ Consumer

TR Mann Consulting

Page 2: The 62+ Consumer TR Mann Consulting. Love their Grandchildren: TR Mann Consulting

Love their Grandchildren:

TR Mann Consulting

Page 3: The 62+ Consumer TR Mann Consulting. Love their Grandchildren: TR Mann Consulting

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 CommunicationsTR Mann

Consulting

Page 4: The 62+ Consumer TR Mann Consulting. Love their Grandchildren: TR Mann Consulting

Men and Women age 62-plus:

They buy 1 in every 4 toys sold

in America.

Source: Age Wave CommunicationsTR Mann

Consulting

Page 5: The 62+ Consumer TR Mann Consulting. Love their Grandchildren: TR Mann Consulting

Financial Clout

TR Mann Consulting

Page 6: The 62+ Consumer TR Mann Consulting. Love their Grandchildren: TR Mann Consulting

Men and women age 62-plus:

• Represent 60% of all stockholders

•Own 60% of annuities

Source: Age Power: How the 21st Century will be ruled by the New Old by Ken Dychtwald, Ph.D. (Tarcher/Putnam 9/2000)

TR Mann Consulting

Page 7: The 62+ Consumer TR Mann Consulting. Love their Grandchildren: TR Mann Consulting

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 21st Century will be ruled by the New Old by Ken Dychtwald, Ph.D. (Tarcher/Putnam 9/2000) TR Mann

Consulting

Page 8: The 62+ Consumer TR Mann Consulting. Love their Grandchildren: TR Mann Consulting

Men and women 62-plus:

Earn $2 trillion in income

TR Mann Consulting

Page 9: The 62+ Consumer TR Mann Consulting. Love their Grandchildren: TR Mann Consulting

Men and women age 62-plus:

Account for 12.3% of the total population

(that’s 35.6 million people)

TR Mann Consulting

Page 10: The 62+ Consumer TR Mann Consulting. Love their Grandchildren: TR Mann Consulting

Men and women age 62-plus:

Own more than

70% of financial assets in America

TR Mann Consulting

Page 11: The 62+ Consumer TR Mann Consulting. Love their Grandchildren: TR Mann Consulting

Men and women age 62-plus:

Represent nearly $2.4 trillion in buying power

TR Mann Consulting

Page 12: The 62+ Consumer TR Mann Consulting. Love their Grandchildren: TR Mann Consulting

Men and women age 62-plus:

Consume

74% of all prescription drugs

Source: Age Power: How the 21st Century will be ruled by the New Old by Ken Dychtwald, Ph.D. (Tarcher/Putnam 9/2000)

TR Mann Consulting

Page 13: The 62+ Consumer TR Mann Consulting. Love their Grandchildren: TR Mann Consulting

Men and women age 62-plus:

51%of all OTC drug sales

Source: Age Power: How the 21st Century will be ruled by the New Old by Ken Dychtwald, Ph.D. (Tarcher/Putnam 9/2000) TR Mann

Consulting

Page 14: The 62+ Consumer TR Mann Consulting. Love their Grandchildren: TR Mann Consulting

$pending to Live Better…

TR Mann Consulting

Page 15: The 62+ Consumer TR Mann Consulting. Love their Grandchildren: TR Mann Consulting

New vehicle purchases exceed $54 billion

Source: US Mature Market, MarketResearch.com TR Mann Consulting

Page 16: The 62+ Consumer TR Mann Consulting. Love their Grandchildren: TR Mann Consulting

More than $62 million spent on entertainment

Source: US Mature Market, MarketResearch.com TR Mann Consulting

Page 17: The 62+ Consumer TR Mann Consulting. Love their Grandchildren: TR Mann Consulting

Represent $168 billion market for the food industry

Source: US Mature Market, MarketResearch.com TR Mann Consulting

Page 18: The 62+ Consumer TR Mann Consulting. Love their Grandchildren: TR Mann Consulting

High-income 62-plus households have doubled over the past decade

Source: US Mature Market, MarketResearch.com TR Mann Consulting

Page 19: The 62+ Consumer TR Mann Consulting. Love their Grandchildren: TR Mann Consulting

Online in the Golden Years… TR Mann

Consulting

Page 20: The 62+ Consumer TR Mann Consulting. Love their Grandchildren: TR Mann Consulting

46% have been using the internet for

over 5 years

TR Mann Consulting

Page 21: The 62+ Consumer TR Mann Consulting. Love their Grandchildren: TR Mann Consulting

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

Page 22: The 62+ Consumer TR Mann Consulting. Love their Grandchildren: TR Mann Consulting

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

Page 23: The 62+ Consumer TR Mann Consulting. Love their Grandchildren: TR Mann Consulting

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

Page 24: The 62+ Consumer TR Mann Consulting. Love their Grandchildren: TR Mann Consulting

92% have shopped online

Source: US Senate Committee on Age: Senior Net 2002, eMarketer,com, Forrester Research, Center for Media Research

TR Mann Consulting

Page 25: The 62+ Consumer TR Mann Consulting. Love their Grandchildren: TR Mann Consulting

“People turning 65 today have another 20

years of their adult life ahead

of them”TR Mann

Consulting

Page 26: The 62+ Consumer TR Mann Consulting. Love their Grandchildren: TR Mann Consulting

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. CensusTR Mann Consulting

Page 27: The 62+ Consumer TR Mann Consulting. Love their Grandchildren: TR Mann Consulting