Older Nebraskans to Drive Future Economic Growth

Posted on 02/28/21 by The AARP Bulletin

A new AARP study shows that Nebraska residents age 50 and older will help drive the state’s economy for the next three decades and will be a key demographic in helping the state bounce back from the COVID-19 pandemic.

AARP’s “Longevity Economy Outlook” found that in 2018, people 50-plus contributed $50 billion to the state’s gross domestic product, and that group is expected to contribute more than $150 billion in 2050. 

It is also estimated that the 50-plus population will pay
$13 billion in state and local taxes in 2050. Their spending is expected to drive economic growth, particularly in the health care, housing, utilities, leisure and hospitality sectors.

Read more about the findings and how Nebraskans age 50 and older can contribute to economic recovery at aarp.org/longevity.

This story is provided by AARP Nebraska. Visit the AARP Nebraska page for more news, events, and programs affecting retirement, health care, and more.

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