2020 Profile of Older Americans

[FIREd_2015]

Came across some interesting statistics on the profile of older Americans.

"...The population age 65 and older increased from 39.6 million in 2009 to 54.1 million in 2019 (a 36% increase) and is projected to reach 94.7 million in 2060. By 2040, there will be about 80.8 million older persons, more than twice as many as in 2000..."

https://acl.gov/sites/default/files/...ans.Final_.pdf

 

[Koolau]

Came across some interesting statistics on the profile of older Americans.

"...The population age 65 and older increased from 39.6 million in 2009 to 54.1 million in 2019 (a 36% increase) and is projected to reach 94.7 million in 2060. By 2040, there will be about 80.8 million older persons, more than twice as many as in 2000..."

https://acl.gov/sites/default/files/...ans.Final_.pdf

I don't even want to think what that will do to MC deductions from our kids pay checks. Fortunately, none of this will affect me much though I expect premiums to eventually increase when the youn'uns realize what they are paying for 65+ folks. YMMV