Friday, November 27, 2009

Money & Business

Not Acting Their Age

By Tim Smart
Posted 5/27/01
Page 5 of 5

She--and 78 million others.

By the numbers

The 55-to-64-year-old population grew significantly over the past decade. That's a lure to marketers, as people in this "pre-retiree" age group tend to spend heavily on travel, leisure, healthcare, and other consumer items.

55-to-64-year-olds

1990 21.1 mil. (up 15 pct.)

2000 24.3 mil.

Source: U.S. Census Bureau

The easy chair

When asked by builder Del Webb what they wanted most in their retirement homes, baby boomers put a definite emphasis on lifestyle. But more than half showed a serious side, choosing a place where they could work.

Home features favored by 48-to-52-year-olds

Great room 72 pct.

Exercise room 58 pct.

Home office 55 pct.

Gourmet kitchen 52 pct.

Computer room 47 pct.

With James M. Pethokoukis

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