Around the Net

Boomers Worry About Money, But Spend Freely

  • Brandweek, Thursday, April 12, 2007 11:15 AM

Baby boomers have an average of $315 per month in disposable income, according to research firm BoomerEyes, and a lot of them are spending a portion of it online. Seventy-one percent of 50-64 year olds and 84% of 30-49 year olds report high Internet usage, according to a survey of 1,110 respondents by the company, which devotes itself to studying boomers' influence on American society and the economy.

Boomers who took the survey--which was itself online--say they most often shop online for travel (58%), books (57%), clothes (57%) and electronics (50%). Nearly 40% of those with kids said they're now empty nesters. Still, financial concerns top the list of worries (47%). Another 20% worry about family and health/diet.

Respondents have adopted healthy eating habits including reading nutrition labels (50%), eating smaller meals (43%), changing their diet to maintain their weight and stay healthy (41%), eating low-fat foods (37%) and monitoring their carb intake (29%).

advertisement

advertisement

Read the whole story at Brandweek »

Next story loading loading..