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| #2 of 12 Business Trends for 2012 "Old Age is No Place for Sissies" |
I've uploaded #2 of my series of 12 business trends { #bizTrend } for 2012 entitled "Old Age is No Place for Sissies".
Synopsis:
Baby Boomers account for 40% of consumer demand in the U.S., and control 70% of the total net worth of American households ($7trillion). While the rest of us are saving for a retirement, the Boomers are spending their hard earned pensions, social security, IRAs, and 401Ks. While recent financial and housing market crashes have resulted in devastating losses to many, the amount of money set aside for the Golden Years of this ever increasing retired set is astronomical.
This paper is a brief look at the enormous opportunity that Baby Boomers offer to :
1. Durable and non-durable product retailers, manufactures and suppliers. (Automobile, travel, airline, furniture, home builder, hardware manufacturers, and more)
2. Service providers including the airline industry and home builders.
3. Municipalities and governments with respect to urban planning and infrastructure spending.
In response to several comments from iDevice people that
they could not view the Slideshare documents on their iPhones / iPads, I have
set up Dropbox folders for easy downloading of the 2012 Trend PDF documents
that I have shared publicly. Please see this blog post on the topic.
