Study: Baby Boomers Spending Holds Steady Through Retirement - CBS News 8 - San Diego, CA News Station - KFMB Channel 8

Study: Baby Boomers Spending Holds Steady Through Retirement

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Baby boomers are retiring in record numbers, but their spending habits aren't changing, according to a survey from Nielsen.

They found that boomers spend about 5 percent more than the rest of the population.

Their generation accounts for about $230 billion in sales of consumer packaged goods.

Experts say baby boomers tend to make more money and are less likely to feel the pinch of the weak economy compared to consumers with more moderate income.

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