Aging in Place: An Intergenerational Priority

December 12, 2014 3:15 PM

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The baby boom generation is revolutionizing American culture, leaving its mark on every product, service, and institution it touches in the 21st century. As baby boomers grow older, society is transforming as a result with services related to aging including health care, retirement planning, housing, and community life. Consider this: 8,000 baby boomers turn 65 every day. [1] In 2013, adults over 65 constituted 14 percent of the population in the United States and will account for an estimated 20 percent by 2050. [2] There are already 55,000 Americans over age 100, and by 2050 the number of centenarians will reach 600,000 -- roughly the population of the entire state of Vermont! [3] What's more, the baby boom generation is more racially and ethnically diverse than any previous generation. By 2050, 20 percent of seniors will be Hispanic, 12 percent black, and 9 percent Asian. Women are a majority of seniors, accounting for 57 percent of the U.S. population today and a projected 55 percent of Americans over age 65 by 2050. [4]

"The ability to live in one's own home and community safely, independently, and comfortably, regardless of age, income, or ability level." [5]

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