Tag: aging

Aging America: 60+year-olds Aren’t Considered Old by 70% of Americans

For the second year in a row, Parker conducted a national survey to gauge changing perceptions around aging in America. The results reveal that Americans have an overall positive outlook on aging.

Recession Adding Burden to Boomers Caring for Kids, Aging Parents

According to a recent study by Communispace, the recession has added considerable stress to this already overburdened population known as "the sandwich generation," baby boomers who support kids, parents, relatives and themselves at the same time. Over 20 million Americans belong to this unique consumer segment. Feeling stretched, overwhelmed, and under-supported this segment of consumers has particular needs and hopes that marketers must understand. For example, 77% would adapt the things they'd purchase to accommodate parents; for example, when buying a new car they'd consider buying one with a larger trunk (to hold a parent's wheel chair or walker), rather than one that is comfortable or gets good gas mileage. A "considerable number" of people are looking for more culturally and linguistically appropriate services for their elderly parents (many of whom don't speak English).