Cable, liquor, tobacco, healthcare.
Entrepreneur
Rules
- No Personal Attacks - criticism of ideas is allowed, attacking people is not.
- Self Posts Only - links can only provide supplementary material. Your post must contain enough content to have a discussion.
- No “How To Get Rich Quick” posts - This community is not about making a quick buck. Posts asking the community how to make $X, without making specific reference to a reasonable idea, are not tolerated.
- Avoid unprofessional communication - Please treat fellow entrepreneurs like respected coworkers, label conversations if NSFW and avoid deliberate provocations.
Please feel free to provide evidence-based best practices, share a micro-victory, discuss strategy and concepts with a frame work, ask for feedback, and create professional conversation. Treat every post as if you're at work and representing the best version of yourself.
Nothing, just working and saving like my parents did. I don't want to be a burden to my son in my old age. The greatest gift my parents gave me was that they were not a burden to me. They planned and took care of there selfs until end of life.
Pickleball, travel, golf, eating out (specifically happy hour)
1950s parents. Healthcare (like private plans at $1k+/month somehow), Home repairs (for their house they bought for $60k and is now worth $500k with no renovations), 4 Cars (idk why they need a $30k car that will sit in their driveway for a week without being touched), 2 Boats (holy crap do these things burn money, they just love owning stuff), Cable television ($400+ a month....), and travel (because they were too busy working their who lives).
New Balance shoes
Definitely cable and they’re the ones keeping AT&T alive 🙌🏽
Whatever they want.
Well my grandpa spends all his money on cigarettes beer guns and motorcycles lmao 🤣
Healthcare or elder care services. I’m in private pay healthcare and a lot of the boomers need someone to help. Also they will pay for high quality help.
Anything but their own kids and their grandkids.
Coffin and plot shopping.
Cable, newest apple products (oddly and against advisement), cruises, airfare, meds and healthcare
My parents bought hearing aids from Costco… free hearing test and OTC hearing aids for 1/5 the cost of the old style
Drugs
Cruises and travel agents
Beer, SUV, Groceries, Travell to Arizona every year for winter.
Bullshit
Boomers are 60-80ish? Plants, Medicine and hospitals
My mom still gives me gifts of rainforest acreage through a conservation group. That might be nice for some.
EVs now
Home renovation, health care, vacations
Random ass shit to send to their grown kids
Knee replacements and back surgery from working. Half of our friends still have grown ass children living in the basement. You can make fun of us old boomers all you want but we will still support you youngsters when the draft gets reinstated this summer( if not sooner). Boot camp is just like summer camp only with hand grenades. Good luck.
Drugs they old as F-----
My 80 year old boomer father and his wife spend most their money on boating, restaurants, golf, overseas travel, and out of pocket medical expenses.
Dog money
Arthritis and blood pressure drugs.
Destroying the future lol
My boomer finally gave up his dirt bike and bought his first side x side at 72. Now we hunt.
Medical bills
Contract Bridge
Late term care and death will be growing industries
Hookers(expensive ones) blow (the good stuff) and whiskey(goood.. bourbon)....😎💪😆❤️🇺🇲
Medical devices like walkers, safety raliings for their home, adjustable beds, wheel chairs etc. There is a store near my work that sells this type of thing and it's is constantly busy from open to close.
Cable, home care, etc
My dad and his wife are going nuts on musicals and theater. Like every weekend. They seem to dig it, so good for them.
Mine are spending on international travel.
RVs, and storage for them, huge increase since covid. We bought a 4.5 acre property zoned for outdoor storage and are in the process of building out the property with a mix of covered and non covered parking. $3.5m investment that will net $40-50K a month once filled.
Golf and viagra
Health care and insurance.
The average age of homes in the United States are pushing 50 years old. Remodeling homes is big business.
If my relatives are any indication: new SUVs every couple years at full price and a crappy interest rate (because they suck at negotiating/personal finance), charcuterie boards, and cruises.
Building a pool, patio, and grilling area now that they're retired.
A lot of them got marijuana dispensary cards
Nursing homes will take a significant portion of their money before they die
supporting their unemployed children or paying off their college debt.
It’s all getting sucked up by the monstrous money devouring black hole that is the US healthcare system.
You wanna get boomer money? Open a nursing home.