PBESProceedings of Business and Economic Studies2209-26412209-265XBio-Byword Scientific Publishing Pty. Ltd.10.26689/PBES.v9i9.15621ArticleEnriching Seniors’ “Wallets” to Consolidate the Foundation of the Silver Economy: Micro‑Empirical Evidence From the China Household Finance Survey (CHFS) and Thoughts on Senior‑Friendly Financehttps://artdesignp.com/journal/PBES/9/9/10.26689/PBES.v9i9.15621GaoQiang2026992026-09-30Driven by both policy and market forces, China’s silver economy has experienced rapid growth; however, the limited purchasing power of the elderly population poses challenges to the effective implementation of related industries. Empirical analysis based on CHFS microdata reveals that some elderly households lack reliable sources of pension income, and there are significant disparities in pension benefits across different demographic groups; these households typically possess limited financial assets, adopt conservative asset allocation strategies, and exhibit a low participation rate in risk assets. Pension levels directly determine the financial participation capacity of elderly households; insufficient income often leads to a high number of individual pension accounts with low contribution amounts. Strengthening the foundation of the silver economy requires increasing the wealth of older adults, leveraging the window of opportunity presented by the retirement wave, improving the elderly care security system, diversifying financial products tailored for older adults, and ensuring that financial development and technological progress benefit the elderly population. Silver economy, Population aging, Elderly care security, Financial services for elderly households

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