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If my relatives are any indication: cottages/cabins, vehicles, experiences (travel, classes, etc) and toys for grand kids.
A whole lot of liquor if my parents are any indication of other boomers
Penny machines at casinos.
My parents are last of the silent generation (born in 1943 and 1944). They're spending their money on health care and insurance costs.
My mom has to pay for a medicine that is not approved by insurance = $24,000 a year; her insurance due to a series of fender benders in the last few years will go to $2,000 a month on a 2013 KIA! in May. Home health care is outrageous, good luck getting anyone to come and help in metro Atlanta for less than $50 to $80 an hour.
There will be NO boomer funds for the younger gen to gorge on in about 10 years . . .
Health care, and cats
I presume many are still spending huge sums on their children's access to education, housing, and/or expensive lifestyles.
Avocado toast
MAGA hats
MAGA flags
Franklin Mint commemorative coins
Anything gold/silver related -- "I heard it's a good investment"
MyPillows
Cable TV
Landline phones
USB record players to digitize their record collection
Wine, lots of wine
Sadly funeral homes.
Home repairs because we can’t move any more than you can buy. Our shitass homes are old, lots of deferred maintenance. So time to fix the termites, siding, paint, gutters, the list goes on and on. In addition to food, gas, outrageous insurance costs, all of them, health, home and auto. Now PGE wants raise utility rate for the 4th time in as many years. So the only thing we can spend money on is healthcare and our houses.
Medical bills!!! From my previous job that was one of their biggest and most common expense
Shit from Wish.com and Temu.
Beer. Lots of beer.
Surviving
Do people still buy milk??
Unlimited cell phone service, and cable that they don’t use because the companies know to upscale older ppl with scare tactics . Magazine and newspaper subscriptions. Pretty much anything they see in the latest advertising, like buying shit from Temu. Paying premium for anything because some person convinced them that was the best choice. Like, lawn service. Buying shit food because the commercials sold them on it, same with supplements omg….
As a boomer - I spend on everything and anything to ensure there’s nothing left for the ungrateful scrotes expecting an inheritance. Now, where’s my first class ticket to the Bahamas gone …?
Healthcare
Senior living and long-term care runs around 5k to 15k per month, so...
ChatGPT
Boomer in my life spends on coffee, donuts and lottery tickets every morning at a convenience station. Still drives a dump truck part time at 71.
Back pain and prostate prevention pills
Gotta spend it to make it. Kohl’s Cash that is.
retirement
Vacations and cruises
Campers, vehicles, travel, remodeling
lunches for the grandkids.
retirement homes
Cruises
Alarm systems, home phone line, cruises, home improvement stuff, onlyfans (lol)
Travel. Their kids.
Houses, I work in the residential construction industry. There are so many older couples buying new houses. It blows my mind
Have no debt, so 30-50% of my budget is earmarked for travel.
Nursing homes and daily living aids
Bullshit from online shopping
Most of them are hunkering down
Tires, There is a track car that just eats them up.
Gen z ..onlyfans
Mostly meaningless nonsense. Their brains have been destroyed via backwards nutrition guidelines and hyper-processed foods since the 70’s, coupled with an “authorities on the TV” culture and zero standardized financial education. Most (not all) of them are zombies.