Data from the Census Bureau tell us that in 2015, there are around 47.8 million Americans age 65 and older, up from about 25.5 million just 35 years ago; demographers predict that in another 35 years, there will be nearly 88 million Americans in this age group. The rate of growth of the “oldest old” population—those age 85 and older—is even more dramatic: Their numbers currently stand at approximately 6.3 million, but by 2050, that number will have almost tripled, to 18.7 million Americans. This population explosion is unprecedented in history, and the resulting demographic shift is causing profound social and economic changes.
At NIA, our mission is to discover what may contribute to a healthy old age as well as to understand and address
We all will one day face the reality of growing older. There are many aspects of this change that will affect us in a large way. According to the Merck Manual of Health and Aging, 1.5% of Americans are 85 or older. This research states that the number of people 100 years or older could rise from 1 out of 5,578 in the year 2000, to 1 out of 472 in the year 2050. It brings out that women have a longer life expectancy than men, among people aged 65 and older in the year 2000, there were 70 men for every 100 women. For people aged 85 and older the figure was 41 men for every 100 women. The site goes on to say that approximately 11% of Americans aged 65 and older are below the poverty line. (The Merck Manual of Health and Aging:
The amount of people reaching late adult hood in large quantities is not unique to the U.S. As the Peterson (2002) article states, a combination of a rise in the longevity of people, and the fall in birth rate has other countries seeing a large percentage of their population fall into the “elderly” category. The article recalls that Japan was once the “youngest society in the developed world. Within five years, it will be the oldest.” (Peterson, p. 197). Now, the U.S. is considered the youngest society, and is in one of the best situations to maintain that title while also providing for their old. With older retirement ages, in addition to social security and social benefits, people in late adulthood are better taken care of than in other developed countries (Peterson,
Jacobsen, Kent, Lee, & Mather (2011) stated, “Since women live longer than men in the United States, women will continue to make up a majority of the older population in the foreseeable future” (pg. 3). Whereas, this age distribution among men and women are expected to remain approximately the same between 2009 and 2030, there will be notable changes in the age and gender gap by 2050 as the gap grows smaller (Jacobsen, Kent, Lee, & Mather, 2011). Furthermore, according to Vincent & Velkoff (2010), by the year 2042 the United States will become more racially and ethnically diverse with the combined minority population expected to become the majority. Thus, as people in the United States age over the next several decades, the older population will also become a more racially and ethnically diverse group. In addition, the overall age structure of the population is expected to change a great deal over the next four decades (Vincent & Velkoff, 2010). This will pose even more challenges to policy makers and programs designed to help the elderly like Medicare and Social Security. Therefore, being able to project the size and structure of the older population, in regards to age, sex, race, and Hispanic origin is not only important to public interest, but also private both socially and economically (Vincent & Velkoff, 2010).
By 2020, approximately 20 percent of the U.S. population will be 65 years or older and employers have yet to come to grips with this fact. The aging population will affect the workforce through retirement and those continuing to work. Medicare and Social Security are very likely to undergo profound changes. Some who reach the age of 65 will not be able to retire due to the fact that they require outside income. Retired or not, the aging population will contribute heavily to the consumer market. Their demand for leisure-time pursuits and professional services will fuel local labor markets. This boom in the service sector may replace many low-skilled or unskilled jobs. The aging of the population will be far more dramatic that ethnic
Aging Americans, like other age groups, are feeling the effects of the declining real estate and stock markets, as well as soaring fuel and food prices. Seniors’ economic security will only increase in importance as the U.S. population ages. The nation’s health and social services resources will face unprecedented demand as 75 million people in the baby boomer generation reach retirement age—some with eroded savings and retirement accounts. Aging people of color are more likely than white
The fact that the American population is aging has raised concerns. In 2011, the number of adults over the age of 65 reached 41.4 million, which account for 13.3% of the population ("A Profile of Older Americans: 2012," 2012). It is estimated that there will be about 71 million older adults by 2030 ("Healthy Aging-Improving and Extending Quality of Life among Older Americans," 2009). Approximately 2.1 million elderly are currently living in
Committee on Aging, United States Senate, 101st Cong. (1990). (Serial No. 101-J). Washington, DC: U.S. Government Printing Office.
The rapid growth in the number of seniors in America and around the world is creating a global demographic revolution without precedent. During this century, advances in hygiene and water supply and control of infectious diseases have reduced the risk of premature death much. As a result, the proportion of population over 60 years in the world is growing faster than in any previous era. In 1950 there were approximately 200 million people aged over 60 worldwide. By 2000 there will be over 550 million, and by 2025, the number of people over 60 is expected to reach 1,200 million.
Just like other parts of the world, the United States is no exceptional, it is an aging society. Between the year 2000 and the year 2050, the number of the elderly is predicted to increase by 135%. Again, the population of the persons aged 85 years and above, which is the group that will mostly require health and long-term services, is predicted to
Americans at the ages of 65 years and older are considered in the “elderly” classification. With advancements of healthcare and life expectancy growing rapidly, it is expected that the average American will grow to live at this age or longer. According to the Population Reference Bureau, the number of Americans at the age of 65 and older is expected to double from roughly 46 million today, to over 98 million by 2060. This means that the elderly’s portion of the total United States population will grow from 15 percent to almost 24 percent. As people obtain older age, they also obtain the health and social problems that accompany it.
The first baby boomers, generally defined as those Americans born between 1946 and 1964, turn 65 in 2011. The number of older Americans will increase from 35 to 70 million by the year 2030 (Federal Interagency Forum on Aging-Related Statistics, 2000). The nation’s population will increase 18% during and the population aged 65 and older will increase 78%
Over the years, there have been major shifts within the United States in regards to its population. Statisticians have estimated that 20% of the population will be 65 years of age and older. There is an even
In 2000, about 10% of the world’s population were age 60 or over. By 2015 that had risen to 12%. United Nations projections indicate that will have increased to 16% by 2030, and jumped to 22% by 2050. The percentages may not seem alarming, but to put this into perspective, let’s
The world’s population is ageing rapidly. Between 2000 and 2050, the proportion of the world's older adults is estimated to double from about 11% to 22%. In absolute terms, this is an expected increase from 605 million to 2 billion people over the age of 60.
From 1970 to the year 2000, the world's over-60 population is projected to increase by more than 90 percent" . This is an astonishing number, seeming how the total population was predicted to grow by less than 75 percent . "The most prominent feature of the looming shift in the composition of the working-age population is, of course, its increasing age" . It is hard to say what will happen when suddenly there will be an abundance of older people who are preparing to retire.