Gretchen Addy
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- Milken Institute1h 1m
Silver Strategies: Capitalizing on the Longevity Economy
Dr. Joe Coughlin, Gretchen Addy, Paul Irving, Lisa Sunin, Jenny
A recent analysis highlights the Longevity Economy as a $7.1 trillion global market driven by the spending and innovation of the 50+ demographic, yet current venture capital and product design often fail to address this group's $100 billion annual anti-aging spend due to ageist biases and poor human-centered design. Experts like Lisa Sunin, Gretchen Addy, and Paul Irving argue that overcoming these barriers requires shifting from an illness-based narrative to lifestyle-focused strategies, specifically targeting high-opportunity sectors such as dementia care, home-based aging services, and preventive digital health. By reimagining products for active "third-age" living and fostering intergenerational workforce integration, stakeholders can unlock significant growth in a sector where investors like Peter Thiel and Larry Ellison are increasingly directing capital.