Pet-Business-Industry-Opposites

In the U.S., only about 40% of retirees live with pets, compared to more than 60% of those between the ages of 45 and 54, reports The New York Times (which analyzed the findings of a 2014 Mintel survey).

But that’s changing, adds the outlet, because “evolving attitudes about pets, [along with] changing family structures, have reshaped the relationship between retirees and animals.”

In fact, more retirees are choosing to own cats and dogs in their later years, and more U.S. retirement communities are accepting them. Read more.

Also check out:

How investors can profit from pet owners

5 instances owning a dog saves you money

Financial tips for animal lovers

Gifts for new retirees

Animal-loving clients? Share this post

Pets need insurance, too

Originally published on Advisor.ca

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