





Growth in elderly population
Age 65-84: 30.4 million (2000), 47.4 million (2020) and 64.6 million (2040)
Age 85 and older: 4.3 million (2000), 7.3 million (2020) and 15.4 million (2040)
Source: U.S. Census Bureau Annual Estimate of the Population by Sex and Five Year Age groups for the United States and U.S. Interim Projections by Age, Sex, Race and Hispanic Origin.
Number of adults projected to recieve LTC
2000:16.8 million
2020: 20.2 million
2040 31.1 million
Source: Meeting the Long-Term Care Needs of the Baby Boomers: How Changing Families Will Affect Paid Helpers and Institutions, Richard W. Johnson, Desmond Toohley and Joshua M. Weiner, The Retirement Project Discussion Paper.
Join over half a million readers using Kiplinger's insights to make smart financial decisions. Profit and prosper with our expert guidance on investing, taxes and retirement, and more. Delivered daily.