Aging Population – Shocking Numbers
Here is an interesting tidbit of information that our friend and colleague Kit Stookey of Practical Matters recently brought to our attention!
According the U.S. Census Bureau by 2050 the population of those 65 and older will have tripled (that is 1 in 6 people)!!! The news for the US is even more dire, 1 in 5 people will be 65 or over by 2030!
The country with the highest aging population, China where almost two-thirds of the population will be 65 or over by 2050.
Given these numbers it should give one pause, who will take care of all these individuals, will the infrastructure be in place, who will be around to work? The questions go on and on and no one seems to have answers.
