Life Expectancy Is Up: Aging Technology Is Getting To Be A Booming Business!

Posted on October 20th,
I frequently write about the benefits that technology is delivering to our rising life expectancy. I also suggest that the elderly are too often victimized by their own outdated anticipation; not understanding that they can typically live not just longer, but better. One of the common beliefs in accordance with past experience and insight is that the features of technology are focused only on youngsters. Actually, technology companies are realizing that senior citizens now manage a huge portion of the disposable income, and they are rushing to meet their wants and dreams.

The 50-and-over-crowd will be about one-third of the population of the United States and will outspend younger shoppers by about $1 trillion in 2010. Most of us will react by saying, "They are referring to some other senior citizens." However, we must be aware that we can still rake in the advantages of this happening if we keep our eyes open for them.

Older folks should be interested in the rise of a senior technology economy for two good reasons:

1. It will suggest a better quality of life for us. When we look optimistically at our current circumstances, we will notice a much different picture for aging than our parents did. As an example, the Internet is, on the whole, free. Optimistic people are going to use this cheap resource to engage in thrilling lives.

2. Seniors can earn money longer and easily. Income can be earned working from home by means of personal computers and the Internet. In addition, as the population ages, an increasing number of the business economy is managed by senior citizens.

I am acquainted with a man who retired from a "9 to 5" business while he was 60 years of age. He had been involved in purchasing and handling a certain type of specialized equipment for the last 20 years of his occupation. Immediately upon his "retirement" he was approached by a vendor of that kind of equipment and offered a very lucrative position selling it, on his own schedule, with a corporate car and all other expenses paid. He traveled with his wife (when he liked) at the vendor's expense. When he wanted to stay home he made use of the telephone and Internet to communicate and do paperwork. Why did that vendor pay him so well to advance from being a buyer to being a seller? They told him frankly that it was because most of the big buying decision-makers for their equipment were his peers, aging folks or approaching senior citizenship, and they trusted him for that reason.

The possibilities for creating wealth while working in your pajamas are ample and possibly lucrative. The opportunities are springing up much faster than we can explore them. We just have to move beyond our outmoded ideas and expectations about aging and start surfing!

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