Ask Granny has the answers below!
In the US, 80 Million Baby Boomers were born between 1946-1964
30% of that number are single.
Baby Boomers have more money to spend than any other category.
They are the most affluent consumer group that exists, account for over 40% of total consumer demand, own 79% of America’s financial assets and spends nearly $2 trillion on goods and services each year!
50+ age group is the fastest growing population segment
70% of grandparents worldwide, said being a grandparent was better than being a parent because of the time they had to enjoy their grandchildren without the financial responsibility.
There are over 13.5 million grandparents in the UK, and for the first time ever, the UK has more people aged over 60 than under 16.
1 in 5 Chinese (20%) are above 60 years of age.
Nearly 25% of all Japanese are over 65, making Japan one of the ‘greyest’ countries on earth.
A quarter of families with children under 15 use a grandparent to provide day care.
The average age of grandparents in the UK is 54.