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Baby Boomer Index
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02.24.07Views:
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From Barron's 2-26-07:"The reality is that consumers aged 50-plus already spend more than $1.7 trillion on goods and services each year, including heavy outlays at restaurants, for gourmet cooking and for travel.
In fact, the 78 million baby boomers are collectively richer than any group in history. The 50-plus crowd now controls 50% of all U.S. discretionary income, accounts for 75% of all prescription and drug spending, and has 65% of America's household worth, according to Deloitte & Touche. By 2030, boomers will control nearly 80% of private investments, forecasts the MetLife Mature Market Institute."
The following are companies that could take adavantage of the baby boomer generation.
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