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Innovations in the Baby Boomer Tech Market

Today, technology companies boast a rapid-fire pipeline of new innovations designed to help consumers in the home environment. While many are designed to help elderly people around the house, in some cases, it’s boomers who buy, install and help monitor those devices for their retired parents.

The baby boomer generation is the fastest-growing segment of technology consumers. Various technology applications have made it easier for them to juggle family and career responsibilities while also keeping track of elderly parents. It’s a good thing, then, that boomers control 70 percent of disposable income spending decisions and, collectively, are expected to inherit more than $15 trillion over the next 20 years.

Boomers also will be the first generation to fully benefit from high-tech age-at-home innovations. These range from home stair lifts to wearable fitness devices that transmit data directly to their electronic health records to GPS-based devices to track when the dog escapes the backyard. While the downsides of aging are often emphasized, technological advances have the potential to provide more conveniences for boomers going forward.

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Danielle Christensen

Paraplanner

Danielle is dedicated to serving clients to achieve their retirement goals. As a Paraplanner, Danielle helps the advisors with the administrative side of preparing and documenting meetings. She is a graduate of the College of St. Benedict, with a degree in Business Administration and began working with Secured Retirement in May of 2023.

Danielle is a lifelong Minnesotan and currently resides in Farmington with her boyfriend and their senior rescue pittie/American Bulldog mix, Tukka.  In her free time, Danielle enjoys attending concerts and traveling. She is also an avid fan of the Minnesota Wild and loves to be at as many games as possible during the season!