According to the U.S. Census Bureau, in 2000, the number of adults age 65 and older was 35 million, or 12% of the total population. In 2020, the number of seniors had risen to 56.1 million or 17% of the population. By 2030, the bureau estimates, more than 21% of U.S. residents, about 73.1 million, will have passed their 65th birthdays.
What does all this mean?
It means it’s time to prepare — the sooner, the better.