Baby Boomers are not the factor to a graying population -- declining fertility rates also play a role in this increase in older adults. However, by the year 2020, all of America’s Baby Boomers will be 65 and older. This marks an aging America, with older Americans making up 21 percent of the population, up from 15 percent today.
Implications of a growing population of older adults include greater demands in healthcare, living facilities, social security, in-home caregiving, and more. Learn more about changing demographics from the Census Bureau here.
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