May is Older Americans Month, first designated so by President John F. Kennedy in 1963, when it was known as Senior Citizens Month.
According to the U.S. Census Bureau, there were 41.4 million people over the age of 65 on July 1, 2011, up from 40.3 million on April 1, 2010. In 2011, this group accounted for 13.3 percent of the total population.
The population of individuals over the age of 65 is expected to more than double by 2060, with 92 million or one in five Americans being in that age group. Of this figure, 18.2 million would be 85 years old or older. Only 2.4 million of these will be Baby Boomers.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
