Aging and the U.S. Economy
By Beth Burnham Mace, Chief Economist, NIC
The long-anticipated increase of the age 65+ population has started, thanks to the aging baby boomer generation, lower birth rates, and improved longevity—and it’s only expected to continue. By 2030, 21% of the population, an estimated 74 million people, will be past retirement age.
This growing demographic will have serious and long-lasting implications…
Topics: Aging, Baby Boomers, Demographics, Entitlement Programs, Events, Labor, Medicare, Research, Seniors Housing, Social Security, U.S. Economy
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