Will the Baby Boom Bust Us? a Consideration of the Impacts on Revenue from an Aging Customer Population

Most states offer a discounted price for recreational hunting and fishing licenses for seniors. As the population continues to age and customers become eligible for this discount, revenues that states have depended on for decades will begin to diminish over the next 15 years.  We will discuss the age distribution of our most popular license types, existing revenue streams associated with each license type and the impact on future revenue from migration to a more inexpensive license option by the aging customer population. Additionally, we will discuss options to address this loss of revenue and the influence new customers have on this issue.