By 2050 There Will Be 83.7 Million Americans Over Age 65

The Dartmouth Institute recently released a study on characteristics of the ageing American population. Here are some key findings from the report:

·         The number of Americans age 65+ is expected to increase from 43.1 million in 2012 to 83.7 million by 2050.

·         From 2012-2050 the number of people age 85+ is projected to rise from 5.8 million to 19 million.

·         9.5% of the population will be age 70 or older by 2030.

·         Of the 40.3 million people age 65 and older in 2010, 84.8% identified as white.

·         From 2000-2012, the number of Americans age 65+ living in nursing homes fell from 1.6 mil. to 1.3 mil.

·         Medicare beneficiaries, on average, saw 3.4 different clinicians during 2012.

Source: The Dartmouth Institute, Febraury 17, 2016