(BPT) - AARP's 2026 Longevity Report found that adults older than 50 provided the equivalent of $1.2 trillion in unpaid care and volunteering in 2024. Additionally, findings show that this age group also contributed $12.5 trillion to the economy. Not only does this cohort have spending power, they also support younger generations as a way of direct cost savings.
As this age group moves toward later-life stages, their spending will shift to caregiving and housing considerations, along with other essential needs that support a longer lifespan. Whether older adults are supporting adult children and grandchildren in the currently difficult economy or starting to think about future spending on their own care, there is a need to save in practical ways whenever possible.
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Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.