2018 Profile of Older Americans
The 2018 Profile of Older Americans is out from The Administration for Community Living, which includes the Administration on Aging, and is an operating division of the U.S. Department of Health and Human Services. This study confirms the ongoing need for aging-in-place installations from your CAPS consultant. Interesting facts from the study include the following:
Over the past 10 years, the population age 65 and over increased from 37.8 million in 2007 to 50.9 million in 2017 (a 34% increase) and is projected to reach 94.7 million in 2060.
Between 2007 and 2017 the population age 60 and over increased 35% from 52.5 million to 70.8 million.
The 85 and over population is projected to more than double from 6.5 million in 2017 to 14.4 million in 2040 (a 123% increase).