Infopack: Baby Boomers

The State of the Cohort’s Finances, Shopping Behaviors, Payment Methods, and AI Adoption

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About This Report
Despite holding more than 50% of the nation's wealth, baby boomers trail Gen X and millennials in consumer spending. They also favor traditional in-store shopping over using social media platforms for product discovery and purchases.

Despite holding more than 50% of the nation's wealth, baby boomers trail Gen X and millennials in consumer spending. They continue to favor traditional in-store shopping, even as digital commerce and AI reshape the purchase journey.

This report provides key forecasts and survey data to help you and your customers understand:

  • The financial landscape of baby boomers, including wealth and spending power
  • Purchase behaviors, shopping preferences, and the path to purchase
  • Preferred shopping channels and payment methods
  • Shifts in consumer spending and purchasing priorities
  • AI adoption and usage among baby boomers

authors

Tracy Tang

Contributors

Erika Huber
Director, Report Editing
Jennifer Pearson
VP, Research
Ana Sazon
Data Visualization Editor
Emman Velasco
Data Visualization Editor
Jherr Daven Velasco
Data Visualization Editor
Ali Young
Senior Copy Editor and Manager of Content Operations
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