By James Hires The U.S. is facing a very modern crisis: an aging population and a low birth rate. Unlike other developed countries, however, we’re at the ready.
The chart above shows that by 2060, the number of Americans aged 65 and over will be close to 90 million. Nearly half of those will be over 75.
These numbers are nearly three times what they were in 1990.
Baby boomers are the generation of Americans born between 1946 and 1964. Boomers retire at a rate of around 10,000 per day. They represent nearly 23% of the total U.S. population and are driving the growth in the …read more