Business of Aging

Business of Aging

Headline
Populations are aging across the world. This global demographic shift promises opportunities and challenges to all businesses in the decades ahead

About the Business of Aging Program


The Milken Institute Center for the Future of Aging’s Business of Aging program focuses on the potential of older adults as a human talent resource to drive economic growth, financial security, health, and inter-generational collaboration.

Our work advances research, thought leadership, and innovative practices to realize the potential of products and services for the growing longevity marketplace.

(Program Initiative) Statistics Header

By the Numbers

A Business Opportunity

$
7.6 Trillion

Americans over 50 account for $7.6 trillion in direct spending and related economic activity annually

$
15 Trillion

The global spending power of those age 60-plus is projected to reach $15 trillion annually by 2020

1 in 5

The global population age 60-and-over will encompass more than one in five human beings by mid-century