Who will pay the cost of long - term care for
millions of aging baby boomers?
But if Jeff Bezos's eyes should ever go downhill in a serious way — a risk for
millions of aging baby boomers — he could still enjoy e-books on inexpensive E Ink Kindles.
If you're among
the millions of aging baby boomers who cringe every time they see the cashier ring up a box of Depends, take heart: That problem may soon be a thing of the past.
Not exact matches
The cohort
of Americans over
age 65 is expanding much faster than the workforce; from 2017 to 2030, 20
million more
baby boomers will reach retirement
age, while only 14
million Americans will begin employment.
As our country's population continues to
age (according to the U.S. Census, by the year 2030, there will be over 57.8
million «
baby boomers» between the
ages of 66 and 84), the demand for quality homecare is sure to increase.
Like sands through the hourglass, America's 76
million Baby Boomers have come
of age: retirement
age, that is.
For example, not only are
millions of Baby Boomers now reaching retirement
age, some 90
million so - called Millennials or «Gen - Yers» are now entering the workforce — and creating new patterns
of consumption and demand, says Jack Plunkett, CEO at Plunkett Research.
As it turns out, he took charge just as the first wave
of 78
million baby boomers began reaching retirement
age.
We have
millions of baby boomers who are reaching
ages where they require alot
of medical care for the problems that are simply a part
of the
aging process.
As the
baby boomers age, the number
of people with multiple chronic conditions will most likely grow from 8.7
million... Read More
As the
baby boomers age, the number
of people with multiple chronic conditions will most likely grow from 8.7
million today to almost 37
million by the year 2030.
Huge inequalities are prevalent within each generation, with poverty and ill health rife even among the so - called lucky generation
of baby -
boomers: 1.8
million people over state pension
age are currently living below the poverty line and three quarters
of NHS clients are
aged 65 and over.
Barring a medical breakthrough, the incidence
of the disease is expected to reach epidemic proportions as the nation's 76
million baby boomers move into old
age.
The population
of Americans
age 65 years or older is expected to double during the next 25 years to about 72
million, as
baby boomers age and people live longer.
Without clear national standards, the problem may worsen as the nation's 75
million baby boomers continue to
age, according to medical ethics research published Wednesday in the New England Journal
of Medicine.
And, as many as 16
million people are expected to develop this dreaded disease by 2050, due to the
baby boomers coming
of age.
I'm not talking about just my
aging process, but that
of the whole massive
Baby Boom Generation - the
millions and
millions of us who were born in the postwar era and went on to set a standard for whiny self - absorption that probably will never be equaled.
In 2011, about 13.3 percent
of the country's population was 65 or older, and now
millions of baby boomers — Americans born during the population spike after World War II — are reaching retirement
age.
As
Baby Boomers age, the number
of elderly in need
of long - term care is expected to double to 27
million by 2050.
As the
baby boomer population
ages and the world's population
booms, the health care industry will produce
millions of jobs.
While it is true that over 94
million Americans are out
of the job market, economists at the Wall Street Journal suggest that this low rate is due mostly to an
aging population and that it is not expected to rise significantly at all, but rather continue to decrease as the
baby -
boomer generation retires in increasingly large numbers.
Add in the
millions of Baby Boomers expected to reach retirement
age over the next 10 years, and these trends are generating consistent demand for single - and multi-tenant medical office buildings (MOBs) located close to residential neighborhoods and retail areas.
By 2030, the number
of adults
aged 65 and older is expected to more than double to 73
million, and the report's authors are calling for several recommendations to better help
baby boomers afford retirement.
Considering that the largest generation ever — 81
million Echo
Boomers — are well into renting and homebuying
age, the numbers should be closer to the 2.3 % annual growth
of the 1970's, when 78
million Baby Boomers reached adulthood.
The demographic wave
of Baby Boomers hitting retirement
age will nearly double the 65 - plus population in the United States by 2050, from 43.1
million to 83.7
million, according to projections by the U.S. Census Bureau.
These two population segments alone represent 155
million consumers, which is nearly half
of the total population in the U.S.
Aging baby boomers find smaller homes appealing because they require less maintenance and are lower in price, which may allow them to downsize to a home in a more geographically desirable area.