Two of my favorite quotes below, with a link to the full article. Boston: the Silicon Valley of longevity? An older population can serve as the hub for a new kind of innovation cluster. February 15, 2021. By Joe Coughlin and Luke Yoquinto “In the United States, the economic impact of older adults is already remarkable. Americans aged 50 and up account for just 35 percent of the US population, but, according to the AARP, they controlled 83 percent of all household wealth as of 2018, and were responsible for 56 cents of every dollar of consumer spending — a figure expected to rise to 61 cents by 2050. Their unpaid activities, including elder care, child care, and volunteerism, add another $745 billion worth of production to the US economy. Their labor force participation, too, continues to rise, part of a long-term trend that started in the 1980s. But older people’s potential economic activity only begins with what they’re up to now. Tools to ...