Four Ways to Save on Everyday Essentials

(BPT) - AARP's 2026 Longevity Report found that adults older than 50 provided the equivalent of $1.2 trillion in unpaid care and volunteering in 2024. Additionally, findings show that this age group also contributed $12.5 trillion to the economy. Not only does this cohort have spending power, they also support younger generations as a way of direct cost savings.

As this age group moves toward later-life stages, their spending will shift to caregiving and housing considerations, along with other essential needs that support a longer lifespan. Whether older adults are supporting adult children and grandchildren in the currently difficult economy or starting to think about future spending on their own care, there is a need to save in practical ways whenever possible.