They may be written off in the job market and even by Hollywood, but don’t sell older generations short; AARP says they’re not only redefining aging, but having an effect on the economy that goes beyond sheer numbers.
The study “The Longevity Economy: How People Over 50 are Driving Economic and Social Value in the U.S.,” commissioned by AARP in conjunction with Oxford Economics, found that 50-plus folks staying in the workplace are “redefining aging” as well as contributing an increasing amount to the economy. In 2015, that group was responsible for $7.6 trillion in economic activity — up from $7.1 trillion in 2012 — and that economic contribution will continue to rise.
Recommended For You
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
