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Key takeaways
- A new AARP report finds that people age 50 and older contributed $12.5 trillion to the U.S. economy in 2024.
- That figure is projected to rise to $24 trillion by 2060 as the older population grows.
- Longer lives are reshaping how we live and work, and leaders need to plan for the Longevity Economy.
The Longevity Economy is redefining growth as Americans age 50-plus contribute $12.5 trillion each year to the U.S. economy. Their impact spans job creation, taxes and consumer spending across health, family, technology and everyday life.
As the population lives longer, this economic force is projected to reach $24 trillion by 2060. Leaders who recognize the scale and influence of the Longevity Economy are positioned to shape what comes next and plan for a future driven by longevity.
The key takeaways and summary were created with the assistance of generative AI. An AARP editor reviewed and refined the content for accuracy and clarity.
Full transcript
[0:00:00] The $24 trillion future you’re not ready for. People over 50 add $12.5 trillion a year to the U.S. economy. By 2060: $24 trillion. This is the Longevity Economy. 125 million people creating jobs, paying taxes, giving back, driving 56% of consumer spending across
[0:00:20] health, family, tech, life. By 2060: 61%. Longer lives are reshaping the world now. The leaders who see it will shape what comes next. What’s your plan for longevity?
