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.
Americans are living longer than ever. But what that life will entail, post-65, can wildly vary depending on lifestyle preferences, health status, finances, and more. Achieving your goals — and your desires for your loved ones — requires careful thought, and that’s where our annual Senior Planning Guide comes in, offering advice on everything from choosing a care facility to living safely at home; from estate planning to maintaining a healthy lifestyle.