Vettese then goes on to cite numerous studies from around the world that show spending decreasing as folks age into their 70s – and in many cases, net worths actually start to increase on average at this point! Vettese also cites data from actuary Malcolm Hamilton, who found Canadian senio...
In the space of eight years, a player might go from spending only beer money and living at home with parents, to getting married, paying for a house deposit, funding two cars and supporting a young family. Throw in some trips to Dubai and a couple of weekly dinners out, a player can ...
Back in 1985, as I was cutting my teeth in the car business, there was a lot of hand-wringing over the rising age of vehicles, and folks thought that the trend would have to reverse soon because Americans would get tired driving these old clunk...