Older adults are major contributors to the U.S. economy through consumer spending. This spending, however, must take place in a healthy marketplace.
One of the more significant labor-force developments of the past quarter century has been the rising participation rate of older Americans.
Americans’ retirement income comes from several sources. For most, Social Security income is the foundation of financial security in retirement.
Consumer spending is responsible for more than two-thirds of U.S. economic output.
In twenty-first century America, millions of people are living longer.