Archive · 26 Oct 2025
Affluent Retirees Spend More Due to Rising Investments
Older adults with investments are spending more money because their investments have grown.
People born before 1965 own most of the money in the U.S. and are spending more.
Retirement communities like The Mather offer nice amenities and are seeing an increase in spending.
Increased spending includes dining out, travel, and healthcare.
For some, it means upgrading from older cars.
Residents of The Mather have many activities to enjoy.
Even though it costs a lot, some see it as a good investment in their future.
It also gives them peace of mind knowing that they are taken care of.
Rising equity markets have boosted the wealth of retirees.
The S&P 500's return from 2010-2025 averaged 14% annually, exceeding the historical average.
Baby boomers and the silent generation hold over half of U.S. wealth.
Affluent retirees are increasing their spending on lifestyle and amenities.
Retirement communities like The Mather offer luxury options, and are seeing increased spending.
- Who
- Affluent retirees, especially baby boomers and silent generation members
- What
- Increased spending on lifestyle and amenities driven by rising investment portfolios.
- When
- Recent years, particularly after 2020.
- Where
- Primarily in upscale retirement communities like The Mather in Evanston, Illinois.
- Why
- Rising equity markets have increased retirees' wealth and confidence, leading to greater expenditures.
- Location of The Mather
- Evanston, Illinois
- S&P 500 Return (2010-2025)
- 676%
- Average Annual Return (2010-2025)
- 14%
- The Mather entrance fee range
- $600,000s to $3 million
- The Mather monthly fees
- $4,300 to $12,500
- Refund on The Mather entrance fee
- 90%