News / USA

Future US Senior Citizens Face Big Changes

1 in 5 Americans will be over 65 by 2050

This young worker had better be checking his retirement account on that computer if he wants to be comfortable at age 65
This young worker had better be checking his retirement account on that computer if he wants to be comfortable at age 65

Multimedia

Audio
Ted Landphair

Analysts at the U.S. Census Bureau have a provocative forecast for America’s population in 2050, when today’s 25-olds will be knocking on the door of age 65.

If projections hold, not only will there be more than TWICE as many people 65-and-over in sheer numbers as there are now, but their percentage of the population will jump from 12 percent today to 21 percent.  That means more than one in five Americans at mid-century will be what we call "senior citizens."  And if current demographic trends continue, a much greater proportion of the nation’s elderly will be Hispanic, African-American and Asian-American.

Take a look at the typical American worker, circa 2050.
Take a look at the typical American worker, circa 2050.

Linda Jacobsen at the Population Reference Bureau, a private outfit that helps make sense of demographic data, helped us sort out the implications:

Primarily, she says, in 2050 a whole lot more people 65 and older will be on the job outside the home.  In part, that’s because many more than today will be well educated and in rosy health, and will simply WANT to keep working.  

Others won’t have a choice, since they won’t be able to get Social Security benefits as the eligibility age keeps rising - quite possibly to 70 or beyond by 2050.  And as private companies cut costs, generous pension and company-paid retirement accounts will be harder to find as well.  

Today, women more often than men are the ones who stay home to care for Mom and Dad in their last years - while men contribute money to their elders’ care.  But in 2050, women will be less available as caregivers, because more of them will also be busy at a workplace somewhere.  

So, Linda Jacobsen points out, young Americans had better be saving money right now in the increasing likelihood they’ll have to care for themselves in their advanced years.  But, they can expect plenty more nursing homes and assisted-living centers to choose from.  

In 2050, Americans who are 65 may be considered "middle-aged."  By then, only what demographers today call the "oldest old" - the 85-and-over crowd - will be thought of as truly "old."


You May Like

Uganda Court Annuls Anti-Gay Law

Court says law was passed in parliament without enough members present for a full quorum More

Multimedia Thailand Makes Efforts to Improve Conditions for Migrant Laborers

In Thailand, its not uncommon for parents to bring their children to work; one company, in-collaboration with other organizations, address safety concerns More

In Indonesia, Jihad Video Raises Concern

Video calls on Indonesians to join Islamic State of Iraq and the Levant, ISIL More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
In Thailand, Some Efforts to Improve Conditions For Migrant Laborersi
X
Steve Herman
August 01, 2014 6:22 PM
Thailand has been facing increasing international scrutiny as a hub of human trafficking and slave labor. Some of the kingdom’s companies are striving to improve working conditions, especially for the millions of migrant laborers from surrounding countries. VOA Correspondent Steve Herman in Bangkok takes a look at one initiative for children at construction sites
Video

Video In Thailand, Some Efforts to Improve Conditions For Migrant Laborers

Thailand has been facing increasing international scrutiny as a hub of human trafficking and slave labor. Some of the kingdom’s companies are striving to improve working conditions, especially for the millions of migrant laborers from surrounding countries. VOA Correspondent Steve Herman in Bangkok takes a look at one initiative for children at construction sites
Video

Video Public Raises its Voice on Power Plant Pollution

In the United States, proposed rules to cut pollution from the nation’s 600 coal-fired power plants are generating a heated debate. The U.S. Environmental Protection Agency, charged with writing and implementing the plan, has already received 300,000 written comments. As VOA’s Rosanne Skirble reports, another 1,600 people are lining up this week at EPA headquarters and at satellite offices around the country to give their testimony in person.
Video

Video Information War Rages Alongside Real One in Ukraine

The downing of the Malaysian airliner two weeks ago, and allegations that Russians are shelling Ukrainian troops across the border, have moved the information war swirling around the Ukrainian conflict to a new level. VOA's Al Pessin reports from Kyiv.
Video

Video When Fighting Eases, Gazans Line Up at Bakeries

When there is a lull in the conflict in Gaza, residents who have been hunkered down in their apartments rush out to stock up on food and other necessities. Probably the most important destination is the local bakery. VOA’s Scott Bobb reports from Gaza City.
Video

Video China Investigates Powerful Former Security Chief

The public in China is welcoming the Communist Party's decision to investigate one of the country's once most powerful politicians, former domestic security chief Zhou Yongkang. Analysts say the move by President Xi Jinping is not only an effort to win more support for the party, but an essential step to furthering much needed economic reforms and removing those who would stand in the way of change. VOA's Bill Ide has more from Beijing.
Video

Video US-Funded Program Offers Honduran Children Alternative to Illegal Immigration

President Obama and Central American leaders recently agreed to come up with a plan to address poverty and crime in the region that is fueling the surge of young migrants trying to illegally enter the United States. VOA’s Brian Padden looks at one such program in Honduras - funded in part by the United States - which gives street kids not only food and safety but a chance for a better life without, crossing the border.
Video

Video 'Fab Lab' Igniting Revolution in Kenya

The University of Nairobi’s Science and Technology Park is banking on 3-D prototyping to spark a manufacturing revolution in the country. Lenny Ruvaga has more for from Nairobi's so-called “FabLab” for VOA.
Video

Video Immigrant Influx on Texas Border Heats Up Political Debate

Immigrants from Central America continue to cross the U.S.-Mexico border in south Texas, seeking asylum in the United States, as officials grapple with ways to deal with the problem and provide shelter for thousands of minors among the illegal border crossers. As VOA's Greg Flakus reports from Houston, the issue is complicated by internal U.S. politics and U.S. relations with the troubled nations that immigrants are fleeing.

AppleAndroid