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Seniors on the Internet

A recent survey concluded:

  • Adults 55+ are the fastest growing sector of the PC purchasing public.
  • 40% of all U.S. adults over the age of 50 - including 24% of those over 65 - use a computer at home.
  • 70% of seniors who own a computer - 14 million North Americans age 50+ - use the Internet on a regular basis.
  • 65% of the Americans age 55+ who are online use the Internet for investing.

A survey of 1001 SeniorNet volunteers age 50+ indicated that:

  • Two-thirds of the SeniorNet community spend more than 10 hours a week online.
  • More than one-third have been online for two years or less.
  • The majority make online purchases, especially of computer products and books.

Seniors, your planned giving prospects, are online.Other, more far-ranging surveys have shown that seniors spend more time on their computers than any other group - around 12 hours per week. Furthermore, Internet users age 50+ are highly educated and affluent when compared to the general population And they purchase more in dollar amount online than younger Web surfers:

  • 75% have a college-level education.
  • 45% earn over $75,000 a year.
  • 50% have investment portfolios worth over $100,000.
  • They are 27% more inclined to invest online than their younger counterparts.
  • They own 77% of all the financial assets in America and 80% of all the money in U.S. savings-and-loan institutions.

Excerpted from The Future of Planned Giving: Seniors and the Online Revolution (Copyright 2001-2006 VirtualGiving).

The complete version of the above, as well as other must-reads, can be downloaded from this page.

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