Census Projects Continued Aging Population

The U.S. Census Bureau projects that the population will continue to reflect greater percentages of older individuals over the next 3 1/2 decades. The 2012 estimated population for those 65 and over is 43.1 million. In 2050, this figure is expected to be 83.7 million. By 2050, surviving Baby Boomers will be over age 85. Even as the Baby Boomer population declines, the older population is expected to continue to grow. The U.S. population as a whole is expected to grow from 314 million in 2012 to 420 million in 2060. This important trend will have significant impact on many areas, including healthcare, social programs, retirement planning, transportation services, and more.