Eighteen percent of unemployed Americans 55 and older said they borrowed from family or friends other than adult children, while one in 25 reported moving in with family or friends to save money,
New report from Harvard (The State of the Nation's Housing 2011) indicates that the majority of boomers want to stay where they are, but some will downsize to smaller homes.
Outliving our vision of ourselves. Just back from the Philips Active Aging Think Tank meeting – in which we echoed the recent frequent Wall Street Journal topic -- living to 100 and beyond. Most of us see ourselves as living to the age (whatever that was) of our parents and grandparents. Since life expectancy has inched past age 80 for women (in more affluent regions) that may seem sensible. Though we may not want to exit in the same way with the same illness, disability, or dementia that they had. But rationalizing optimists that we are, most likely we ascribe what they had to some lifestyle or behavior in the way they lived their lives -- we will overcome heredity just like we’ve overcome setbacks in the past.
What are the basic facts about boomer-senior connectivity? Pew Research and others have been releasing report after report about technology use, but without a summary sheet, marketers might not be able to see the forest for the trees. So here are the basics from the past year of Pew-published surveys – to my knowledge, the only source for this number of categories that include 50+ age cohorts:
