The Cottages Blog

World's Senior Population Expected to "Boom" by 2050

Posted by Glenda Beavers on Aug 5, 2017 9:00:00 AM

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Currently, people ages 65 and older make up a little less than 9 percent of the population worldwide. A new report commissioned by the National Institute on Aging (NIA) claims the world’s senior population is expected to grow to around 17 percent by the year 2050. These projections have the number of Americans 65 and older growing from 48 million people to 88 million.

There are several reasons for this expected “boom” in the senior population. Science and medicine have allowed us to live with or cure many diseases that were once considered untreatable. Life expectancy continues to rise because of new discoveries. Currently, the average life expectancy worldwide is 68.6 years old. By 2050, experts expect that average age to be 76.2 years. In the next 30 years, the number of people age 80 and older could quadruple in some Asian and Latin American countries where life expectancy is slightly higher.

With a growing aging population, we will all need to focus on things like long-term healthcare needs, work, retirement, pensions, housing, transportation, and so many other senior needs as they age gracefully. With a population that ages beyond what we are currently used to, we will also likely see new healthcare concerns that will need to be addressed and figured out.

 

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Glenda Beavers

Written by: Glenda Beavers

Glenda, a Russellville, Alabama native, moved to Tuscumbia as a teenager, where she still resides. She currently attends University of North Alabama. Glenda has worked in a pharmacy, hospital and has years of experience private sitting for seniors. "Seniors are such precious people to me, and I love being able to be a part of their life on a day to day basis at the Cottage," she says. Married 43 years, Glenda enjoys spending time with her two sons and five grandchildren. She attends Valdosta Baptist Church in Tuscumbia.