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Spending Habits of Baby Boomers
Baby Boomers still hold most of the wealth in this nation even as they are starting to become outnumbered population-wise by Millennials. This makes Boomers a target for many businesses, and more and more businesses are restructuring, re-branding, and starting to cash in on the disposable income held by this generation. These businesses are catering to them in areas such as travel, and investing in other areas of interest such as healthcare. For more information on this topic visit this article by Laura Lee with Fox Business.
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