Economic Impact and Influence of Older Adults Displayed in New AARP Report

Jan 29, 2020

A new report on the “Longevity Economy” from AARP highlights how, as people live longer and healthier lives, they are contributing to communities and fueling economic growth well past the traditional retirement age.

The contributions of people 50-plus benefit society and Americans of all ages, due to growing numbers of people this age who are working, paying taxes, supporting the growing job market, giving time and money to charitable causes, and caregiving for family and loved ones.

These economic trends will continue to lay the foundation for economic growth through 2050, according to a new analysis from AARP – Longevity Economy┬« Outlook, How people age 50 and older are fueling economic growth, stimulating jobs, and creating opportunities for all.

From salaries and wages to job data to taxes, the AARP report offers a range of data that could be useful for age-friendly communities and regions for engaging in partnerships with employers and the business community.

View the new AARP Longevity Economy Report here and infographic here.