Published 31 March 2025

18 min read

Whether nearing retirement or already there, many baby boomers (born 1946-1964, currently aged 61-79) view this life stage as an opportunity for curiosity, adventure, productivity, and nurturing relationships. While today’s active seniors are excited about fulfilling their travel dreams, they also worry about stretching their retirement savings amid rising living costs.

Rethinking Relationships: Seeking Authentic Connections

Evolving Education & Work: Later-Life Careerists

Financial Frameworks: Facing Retirement with Fiscal Caution

The Wellbeing Imperative: Optimistically Outpacing Expectations

The Leisure/Pleasure Quotient: Low-Key Leisurists Versus Rebellious Revellers

Baby boomers are as likely as younger generations to prioritise community engagement or use social media (prolifically) to stay in touch with friends and family. However, they’re also encountering challenges, such as negotiating responsibilities as a grandparent, or reimagining their romantic relationships to suit their current life stage.

Baby boomers are as likely as younger generations to prioritise community engagement or use social media (prolifically) to stay in touch with friends and family. However, they’re also encountering challenges, such as negotiating responsibilities as a grandparent, or reimagining their romantic relationships to suit their current life stage.

Summary

Rethinking Relationships: Seeking Authentic Connections

Baby boomers are as likely as younger generations to prioritise community engagement or use social media (prolifically) to stay in touch with friends and family. However, they’re also encountering challenges, such as negotiating responsibilities as a grandparent, or reimagining their romantic relationships to suit their current life stage.

Evolving Education & Work: Later-Life Careerists

As boomers reach retirement age, many remain professionally active, either continuing to work or starting side businesses, whether for personal fulfilment or additional income. Brands can support this cohort’s professional ambitions by offering flexibility, empathy and upskilling (particularly with regards new technologies). 

Financial Frameworks: Facing Retirement with Fiscal Caution

While boomers are likely “the richest generation that has ever lived” in the US and Western Europe (Allianz, 2024), their wealth is unevenly distributed, with many having modest assets. Some well-off boomers are spending cautiously for fear of outliving their savings or short-changing their heirs, while others are eroding their funds to support adult children and grandkids.

The Wellbeing Imperative: Optimistically Outpacing Expectations

To remain sharp and vibrant, many baby boomers are ramping up their fitness regimens and taking a more holistic approach to their overall wellness. Meanwhile, increasing rates of dementia have spun brain health into sharp focus, galvanising boomers (and younger cohorts) to safeguard their cognitive wellness.

The Leisure/Pleasure Quotient: Low-Key Leisurists Versus Rebellious Revellers

Globally, 56% of people aged 60-plus say they feel good both physically and mentally, likely helped along by their varied and stimulating leisure pursuits (Ipsos, 2024). From joyful social gatherings at local bathhouses to heart-pounding roller coaster rides, boomers are indulging in happiness-inducing experiences that elevate their quality of life and ignite their passion for adventure in their golden years.

Baby Boomers: Seizing the Senior Years - Future Consumer Life Cycle 26/27

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