Karen’s Korner,
According to Census.gov., the number of Americans ages 65 and older is projected to increase from 58 million in 2022 to 82 million by 2050 (a 47% increase), and the 65-and-older age group’s share of the total population is projected to rise from 17% to 23%.
“The U.S population is older today than it has ever been. Between 1980 and 2022, the median age of the population increased from 30.0 to 38.9, but one-third (17) of states in the country had a median age above 40 in 2022, with Maine (44.8) and New Hampshire (43.3) at the top of the list.” (World Population Date Sheet)
As close as we can tell there are about 62 million seniors aged 65 and above living in the United States presently, which is about 18%. California and Florida have the highest percentages of Senior Adults. We are possibly the fastest growing population. Wow. I find that so interesting. But growing older can be a good thing.
Today’s older Americans are healthier overall and living independently for longer.
- Education levels are increasing. By 2023, it had risen to 33%, with college degrees.
- Older adults are working longer. These levels are projected to rise further by 2032, to 25% for men and 17% for women.7
- The poverty rate for Americans ages 65 and older has dropped sharply during the past 50 years, from nearly 30% in 1966 to 10% today.8
- More older adults can meet their daily care needs. Older adults are functioning better on their own, and a shrinking share are living in nursing homes and assisted living settings than a decade ago. (Population Data Sheet)
- There are so many new technological and medical innovations to help seniors thrive longer.
When you think about it, we are a generation to be reckoned with.
So, seniors, enjoy your life, be grateful for blessings, and celebrate your successes, for you are truly golden!