Baby Boomers Poised to Give $8 Trillion, Study Says - The Chronicle of Philanthropy: "Retirees are expected to donate about $6.6 trillion in cash and $1.4 trillion in volunteer services during the next 20 years as baby boomers retire, according to a report released today.
People give at higher rates after they retire, so extended life spans mean people are in their prime donor years longer than in previous eras, and that is good news for nonprofits smart enough to capture the attention of such donors.
The study, conducted by consulting company Age Wave in partnership with Merrill Lynch Global Wealth Management"
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