Business of Aging
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.
By the Numbers
A Blessing for Business
Americans over 50 account for $7.6 trillion in direct spending and related economic activity annually
The global spending power of those age 60-plus is projected to reach $15 trillion annually by 2020
The global population age 60-and-over will encompass more than one in five human beings by mid-century, rising less than a billion in 2015 to 2.1 billion by 2050