Abstract
About this report
- The growing number of over-45s represents a force to be reckoned with! Today there are 25.7 million adults aged 45+ in the UK; by 2014, there will be another 2 million.
- Indulging in life’s little luxuries gets easier with age. Although the financial circumstances of the over-45s vary, many feel better off having reached a stage in their life where there are fewer calls on their disposable income.
- The travel bug bites hard among today’s over-45s, who often envy the backpacking adventures of their kids. A fifth of over-45s travel more than they did 5 years ago, while just under a third of 45-54-year-olds have ambitions to take-off on a trip of a lifetime.
- It’s now or never! Today’s over-45s feel they need to grab opportunities when they are offered. This is particularly the case when it comes to trying new ‘experiences’ (eg snorkelling) while on holiday.
- Music concerts and festivals are a big hit with today’s music loving over-45s, one in five of whom have been to one in the past 3 years, with a further 15% wanting to go. This doesn’t only extend to acts that were popular in their youth, but also to more modern artists such as Cold Play and Take That!
- The internet knows no age boundaries. Three in five over-45s are now internet users, while usage among 45-54s peaks at 81%. Internet usage among this age group will undoubtedly continue to increase, making this medium increasingly important for targeting older consumers.
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