Hi Bunker!
Here are the results of my research for statistics and facts about Baby Boomers.
People over 100 years old:
There are now 70,000 people over 100 years old; by 2050, demographers
estimate there will be 834,000.
?The fastest-growing age group is the over 100 population.?
University of Nevada
http://www.unlv.edu/Finance_Admin/Diversity/Articles/training.html
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?In the year 2000 right now, we have over a 100,000 people in the
United States who are over 100 years old. In 20 years, we are going to
have over 160,000 people over 100 years old.?
Ethos Channel
http://www.ethoschannel.com/personalgrowth/weaving/battisti/3-fb_export.html
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?3.8 million people in the U.S. today are 85 or over; by the year
2030, this age group will grow to 9 million people.?
Webpage of Robert S. Stall, M.D.
http://www.acsu.buffalo.edu/~drstall/live100.html
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?There are now more people over 65 in our population than there are teenagers.?
?Every day in America, 10,068 people turn 50?
?The number of Americans over 65 is expected to double by 2030 to 65
million; 9 million will be over 85, compared with 4 million today.?
University of Nevada
http://www.unlv.edu/Finance_Admin/Diversity/Articles/training.html
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Aging Profile in U.S. in 2000
?The 50 to 54 year age group experienced the largest percentage growth
(55%) between 1990-2000?
?The 45 to 49 age group experienced the second fastest percentage
growth (45%) between 1990-2000.?
?The baby boom generation entered these 2 age groups between 1990-2000.?
?A baby boomer will turn 55 years old every seven seconds for the next 20 years.?
?The 90 to 94 year-old group was ranked third fastest in percentage growth.?
?Approximately 35,000 people turn 65 every month in U.S. (This is
enough people to fill up the U of U Rice-Eccles Stadium.) The 65 to 74
age group experienced a relative slow rate of growth 1990-2000 because
this age group reflects a relative low number of births in the late
1920's and 1930's. This trend will reverse as the baby boomers (born
1946-1964) reach 65 starting in 2011 (first of boomers turned age 50
in 1996).?
?The age group above 85 years old still showed a very high percentage
increase (38%) between 1990-2000.?
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Aging Profile of U.S. in 2025
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?Over the next 25 years the elderly population will increase by almost
80% due to aging baby boomers.?
? Boomers will begin to reach 75 in 2021 creating a dramatic rise in
the demand for health care.?
University of Utah Health Sciences Center
http://uuhsc.utah.edu/healthinfo/adult/homehealth/futaging.html
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Baby Boomers
?Over the next thirty years, as baby boomers reach retirement,
America?s elderly population is expected to double?from 35 million to
nearly 75 million. As a result, the number of Americans who will need
long-term care?in nursing homes or at home?will skyrocket.?
WISER Special Report
http://www.wiser.heinz.org/special_report_ltc.html
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The Aging American
?The U.S. Census Bureau projects a 75% increase in the population aged
65 and older by 2030, bringing the number of Americans in this age
group to 69 million: more than 20% of the population. By 2030, there
will be an average of 1 person aged 65 and older for every 3 persons
aged 18-64. ?
?By 2030, 20% of people over 85 will reside in nursing homes. All the
boomers will be over 65, and 4% - 5% of them will already reside in
nursing homes?
"LTC Insurance Could Play Role In Solving Medicaid Woes"
National Underwriter, January 11, 1999
Golden Care USA
http://www.goldencareusa.com/ltc.html
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Boomers - Tidbits & News.
?Every 7 Seconds someone in America turns 50.
50+ age group:
* Is the fastest growing population segment.
* Is the most affluent consumer group that exists.
* Account for over 40% of total consumer demand.
* Average $24,000 in annual disposable income.
* Control over 48% of all discretionary purchases that occur.
* Own over 80% of all money in savings accounts.
* Own 79% of America's financial assets.
* Spend almost $2 Trillion on goods & services each year.?
Source: Gary Onks
- SoldOnSeniors, Inc.
- SoldOnSeniors.com
http://boomersint.org/home1.htm
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Aging baby boomers spark demand for more clinical oral care products.
?Baby boomers as the force behind the whitening trend. "This group is
notoriously concerned with staying younger longer,"
Drug Store News, July 22, 2002
http://www.findarticles.com/cf_dls/m3374/9_24/89669186/p1/article.jhtml
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?By 2050, between 5.7 and 6.5 million long-term care workers will be
necessary to meet the healthcare needs of the 27 million baby boomers,
according to the report The Future Supply of Long-Term Care Workers in
Relation to the Aging Baby Boom Generation, released jointly by HHS
secretary Tommy Thompson and Department of Labor secretary Elaine
Chao.?
Healthcare Financial Management, July, 2003
http://www.findarticles.com/cf_dls/m3257/7_57/105501113/p1/article.jhtml
To read the report, go to www.aspe.hhs.gov/daltcp/reports/ltcwork.pdf
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Aging baby boomers boost physician visits, diagnostic tests
?More than half (53 percent) of patients visiting a physician in 2001
were over age 45, compared with 42 percent in 1992, according to the
National Center for Health Statistics. During the past decade, the
number of people over age 45 rose 11 percent, with physician visits by
that age group increasing 26 percent. Older patients are visiting a
physician more often to manage multiple chronic conditions, obtain
recently available drugs, and seek preventive care.?
Healthcare Financial Management: Oct, 2003
http://www.findarticles.com/cf_dls/m3257/10_57/109181196/p1/article.jhtml
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Self-help publishing industry helps baby boomers cope with daily stress
?According to a recent article in the Chicago Tribune, the self-help
publishing industry continues to thrive, fueled by the purchases of
millions of baby boomers born between 1946 and 1964 who are
continually trying to improve their lives even as they advance in
age.?
Mental Health Weekly: Sept 29, 2003
http://www.findarticles.com/cf_dls/m0BSC/37_13/108880433/p1/article.jhtml
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Baby Boomers
"This generation is obsessed with staying healthy and looking good,"
?Life insurance companies will be big winners in the coming decade,
predicts Neal Cutler, who adds that long-term care is a big worry for
boomers. "I expect insurance companies to marry life insurance with
long-term-care insurance," he says. "When the children are grown and
life insurance is less important, the policy will convert to long-term
care insurance."
?Boomers will have plenty of free time over the next few decades,
thanks to early retirement and voluntary decreases in workload. Travel
and entertainment will help fill the void. A Gallup survey showed that
today's workers are most looking forward to travel when they retire.?
Medical Economics: April 10, 2000,
http://www.findarticles.com/cf_dls/m3229/7_77/61893390/p1/article.jhtml
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?Adults 50 and older are avid readers of newspapers and magazines-many
read two or more newspapers a day and 84 percent read at least one
newspaper a day, compared with 78 percent of the general population,
according to Roper. In addition, 70 percent of adults 50 and over read
magazines.?
Drug Store News: June 7, 1999,
http://www.findarticles.com/cf_dls/m3374/9_21/54944120/p1/article.jhtml
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?America's 77 million baby boomers are aging. The first of them turned
50 on Jan. 1, 1996. Fifteen years into the third millennium they will
become the largest generation of retirees in American history.?
Insight on the News: Jan 31, 2000
http://www.findarticles.com/cf_dls/m1571/4_16/59187702/p1/article.jhtml
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?Baby boomers are donning things they swore they absolutely would
never wear, according to the 2002 Varilux Boomer Watch survey.
Although they said they would never be seen dead in them, 52% are
wearing bifocals and other items from the past, including jogging
suits (19%), overalls (13%), and "granny glasses" (11%).?
USA Today: August, 2002
http://www.findarticles.com/cf_dls/m1272/2687_131/90870859/p1/article.jhtml
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The 2030 problem: caring for aging Baby Boomers
?The elderly of 2030 will be much better educated, with a college
graduation rate twice (and high school drop out rate one-third) that
of the current generation of elderly (U.S. Department of Education
1998). This bodes well for the future physical health of aging Baby
Boomers, as there is a strong correlation between education level and
disability; college graduates have a disability rate about half that
of high school dropouts.?
?Most Baby Boomers would like to stay in their own homes, or at least
in their own communities, as they age. Nearly three-quarters of all
respondents in a recent AARP survey felt strongly that they want to
stay in their current residence as long as possible (Bayer and Harper
2000). The image that most elders will move to a retirement village
away from their communities is the exception rather than the rule.?
Projections of National Long-term Care Expenditures for the Elderly
Year In Billions
of 2000
Dollars
2000 $123B
2020 $207B
2030 $295B
2040 $346B
Ratio of all
20-64 year
olds to elderly
1950 7.1
1960 5.7
1970 5.6
1999 4.6
2015 4.0
2030 2.7
2050 2.6
Source: Population estimates from U.S. Census Bureau
Health Services Research: August, 2002
http://www.findarticles.com/cf_dls/m4149/4_37/91568394/p1/article.jhtml
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Boomers' New Quest: to Be Forever Young
?Experts predict that boomers will resist heartburn, liver spots and
high blood pressure just as vigorously as they did other injustices in
life. Their quest for the fountain of youth promises to produce a
flood of products, services and advice on staying young and healthy.?
Insight on the News
http://www.findarticles.com/cf_dls/m1571/24_15/54968271/p1/article.jhtml
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?US medical facilities have been experiencing a nurse shortage since
the mid-1990s. The shortage is expected to become increasingly severe
as aging baby boomers require more care.?
Townsend Letter for Doctors and Patients, April, 2003
http://www.findarticles.com/cf_dls/m0ISW/2003_April/99164814/p1/article.jhtml
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From the U.S. Census Bureau:
?The population age 65 and over would grow from 34.6 million in 1999
to 82.0 million in 2050 a 137 percent increase. The projections also
show an especially rapid surge in the elderly population as the
surviving "baby boomers" pass age 65; in the year 2011, baby boomers
(those born between 1946 and 1964) will begin turning 65. Between 2011
and 2030, the number of elderly would rise from 40.4 million (13
percent of the population) to 70.3 million (20 percent of the
population).?
U.S. Census Bureau
http://www.census.gov/Press-Release/www/2000/cb00-05.html
Baby Boom.
?The increasing median age is driven by the aging of the population
born during the Baby Boom after World War II (1946 to 1964). About 30
percent of the population in 1995 was born during the Baby Boom. As
this population ages, the median age will rise. People born during the
Baby Boom will be between the ages of 35 and 54 in 2000. In 2011, the
first members of the Baby Boom will reach age 65, and the Baby-Boom
population will have decreased to 25 percent of the total population
(in the middle series). The last of the Baby-Boom population will
reach 65 in the year 2029. By that time, the Baby-Boom population is
projected to be only 16 percent of the total population.?
U.S. Census Bureau
http://www.census.gov/prod/1/pop/p25-1130/p251130a.pdf
U.S. Census Bureau
http://www.census.gov/prod/2001pubs/p95-01-1.pdf
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?A baby boomer turns 50 every 7.5 seconds.?
?By 2005, half of all people between the ages of 50 and 74 will be boomers.?
?The size of the 50+ population will more than double over the next 35 years.?
?This is changing the fundamental age distribution in our population.
In 1900, only 13 percent of the population was age 50 or over. In
2000, it was over 27 percent. And, by 2020, it will be over 35
percent.?
AARP's research shows that:
?8 in 10 baby boomers plan to work at least part-time
5% anticipate working full-time at a new job or career
Only 16% say they will not work at all.
35% will work mainly for interest and enjoyment
23% will work mainly for the income
17% envision starting their own business.?
Source:AARP
http://www.aarp.org/Articles/a2003-01-03-agingboomer.html
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?According to a U.S. Consumer Product Safety Commission report
released last year (1999), the sheer plentitude of baby boomers has
led to a record number of hospital emergency room visits: In 1998, ERs
treated more than one million sports injuries sustained by people born
between 1946 and 1964 -- a 33 percent increase from seven years
earlier."
?In the Consumer Product Safety report, bicycle riding was the most
common activity to send baby boomers (66,100 of them) to the ER.
Basketball was the second most common culprit (48,230 treated);
unspecified forms of exercise and running came in third (32,370) and
skiing, fourth (28,150). The data, though, don't include any
statistics about tendinitis in the shoulders and arthritis in the
knees, conditions that DiNubile believes may be even more common.?
CNN: Health
http://www.cnn.com/2000/HEALTH/diet.fitness/07/06/sports.injuries.wmd/
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For Further Reading
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A 30 page report:
Tracing Baby Boomer Attitudes Then and Now: A Comparative Look at the
Attitudes of Baby Boomers in the 1970s and 2002
AARP Research
http://research.aarp.org/general/bbattitudes.pdf
'Age Power': How the new-old will transform medicine in the 21st century
Geriatrics: Dec, 1999
http://www.findarticles.com/cf_dls/m2578/12_54/58239273/p1/article.jhtml
Search Criteria:
People over 100 years old
Aging baby boomers
Aging of Baby Boomers facts
Baby boomer generation
Baby boomers in 2030 OR 2035 OR 2025
Baby Boomer statistics
I hope you find this information helpful!
Best wishes,
Bobbie7 |
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