Nevadans 50+ Spur Economic Growth

A misguided myth brands older people as a drain on the economy, but AARP Nevada is setting the record straight. A recent report by Oxford Economics for AARP shows people 50 and older are major contributors to economic growth.

In Nevada, people 50-plus make up about a third of the state’s population, but drive nearly half of its GDP. They account for $69.3 billion in spending, especially in the areas of health care, entertainment and utilities. Nevadans 50-plus represent 31 percent of the state workforce, and their economic contributions support 54 percent of jobs in the state.

For more facts debunking discriminatory misperceptions about older Nevadans, go to aarp.org/2017longevityecon and click on NV.