U.S. Seniors: Interesting Facts

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• The aging of the American population, including the dramatic increase in the number of persons aged 85 and older is fueling the dramatic increase in the need for professional senior care services in America today. According to information summarized from the U.S. Bureau of Census, the population of people 85 and older is expected to increase 33.2 percent between the years 2000 and 2010.
• According to census figures, about 6.5 million seniors need assistance with daily living activities. As the number of older Americans continues to increase, that number is expected to double by 2020.
• The continued increase in the number of older people who live alone is also a factor in the expansion of the senior care industry. Women continue to outlive men, and the likelihood that either men or women will live alone increases with age. Societal factors, such as rising divorce rates and the growing numbers of people choosing not to marry, also contribute to this trend.
• Over the last fifty years, this country has experienced a dramtic change in the role of women, who traditionally have been the primary caregivers of older people. The number of women in the work force has grown from 20.5 percent in 1915 to more than 50 percent in 1995.
• America has seen a significant increase in the net worth of older people. The number of persons 80 or older with incomes sufficient to afford Home Care has increased; over 53 percent will have incomes topping $15,000, and nearly 35 percent will have incomes of at least $25,000.