Retirement

Retirees spending freely

As the ‘baby boomer’ generation begins to join the ranks of the retired so policy makers must a fresh look at their behaviour as consumers, says a new study funded by the Economic and Social Research Council. Far from being simply media creations, it seems that the caricatures of ‘silver surfers’ and ‘Saga-louts’ have some basis in truth as the lives of older people increasingly mirror those of the rest of society in terms of their spending and leisure activities. [continue reading…]