As anyone who spends any time at all looking at the demographics of aging in America knows, the percentage of old people in the US in increasing and will continue to increase into the future if the population projections come true.
Expectations by the UN are that the percent of people over 60 in the US will increase from 16.7% in 2005 to 26.4% in 2050. But there are countries in worse shape: Japan’s over-60 population will increase from 26.3% to 41.7%; Germany’s from 25.1% to 35%; England from 21.2% to 29.4%; Russia from 17.1% to 31.1%; China from 10.9% to 31%; India from 7.9% to 20.7%
So, if these numbers bear out, we will have a smaller percent of older folks in 2050 than every other major economic power except India. On a relative basis, we may not be as bad off as you’d think just looking at our numbers.
No comments:
Post a Comment