Throughout 99 percent of human history, life expectancy at birth was less than 18 years. Few people had a chance to age. Today, thanks to extraordinary medical, demographic, and economic shifts, most of us expect to live long lives. Consequently, the world is witnessing a powerful new version of retirement, driven by the power and needs of the Baby Boomer generation. Consumers over age 50 account for more than half of all spending and control more than 70% of our total net worth – yet are largely ignored by youth-focused marketers. How will work, family, and retirement be transformed to accommodate two billion people over the age of 60 worldwide? In the coming years, we'll see explosive business growth fueled by this unprecedented longevity revolution.
What Retirees Want presents the culmination of 30 years of research by world-famous "Age Wave" expert Ken Dychtwald, Ph.D., and author and consultant Robert Morison. It explains how the aging of the Baby Boomers will forever change our lives, businesses, government programs, and the consumer marketplace. This exciting new stage of life, the "Third Age," poses daunting questions:
In this entertaining, thought-provoking, and wide-ranging book, Dychtwald and Morison explain how individuals, businesses, non-profits, and governments can best prepare for a new era – where the needs and demands of the "Third Age" will set the lifestyle, health, social, marketplace, and political priorities of generations to come.
KEN DYCHTWALD, PhD, is a psychologist, gerontologist, and bestselling author of 16 books, including Age Wave. He is the Founder and CEO of Age Wave, a firm created to guide companies and government groups in product and service development for Boomers and mature adults. He has served as a fellow of the World Economic Forum and was a featured speaker at two White House Conferences on Aging.
ROBERT MORISON is a researcher, writer, and management consultant who has been leading breakthrough research for 30 years in collaboration with eminent thought leaders and innovators. He currently serves as Senior Advisor with Age Wave and Lead Faculty for the International Institute for Analytics.