.
There have been many articles about the number of baby boomers turning 65 [the usual count given is 10,000 per day.] And most of the discussion today is how Social Security and Medicare will be negatively affected by the huge number of baby boomers joining the ranks.
http://www.pewresearch.org/fact-tank/2010/12/29/baby-boomers-retire/
Conversely, I was curious how many baby boomers are now dying [a statistic that will have an equally huge financial, cultural and racial impact in the future.] I've discovered there isn't near as much information related to that issue.
I did find this 2017 .gov info:
" The aging population of the United States is propelling the nation toward a milestone: A historic increase in the number of deaths every year.
Deaths are projected to reach more than 3.6 million in 2037, 1 million more than in 2015. As the nation’s baby boom cohort ages (the youngest are 53 this year), the number and percentage of people who die will increase dramatically every year, peaking in 2055 before leveling off gradually.
The nation as a whole is aging, but not every area of the country or every racial and ethnic group is graying at the same rate.
...
... As the older population dies, the racial and ethnic makeup of the younger population will play a larger role in shaping the demographic profile of the population. In most areas, the impact is minor year to year, but over time these patterns will bring about substantial changes. With the highest median age of all racial and ethnic groups (43.3), the non-Hispanic White alone population is the only group projected to experience natural decrease in the near future."
https://www.census.gov/library/stories/2017/10/aging-boomers-deaths.html
I also found this interesting 2012 article:
Baby Boomers will be mostly gone in 20 years
" It's time to start planning about what to do when we Baby Boomers die off.
That may seem distant, but it is not.
For the past 20 years, the conversation has been about what society will do when the Baby Boom generation hits retirement age -- and that day is here. Each day, more than 10,000 of that generation reaches 65, and our systems are straining to keep up.
One of the biggest new career fields is health care, and much of that has to do with Baby Boomers progressively needing more health care. Corporations, hospitals, clinics and other health care providers are scrambling to find enough people to do the jobs that need doing.
Some are calling it a Silver Tsunami.
With expanding life spans, these people will need care for quite some time, but these times will not last. The sad truth is that most Baby Boomers have not planned for retirement beyond paying their social security tax, so they will not have the big bucks to pay for more than basic health care, even with Medicare.
Twenty years from now, the Baby Boom generation will be dying off rapidly. Yes, it will happen somewhat gradually, but not too gradually. What will happen to the health care industry then? Will health care employees have plans for other careers?
For that matter, what will many employees in any number of fields do?
With the demise of a huge portion of the population, less housing will be needed, less food will be needed and there will be fewer jobs for meeting Baby Boomer needs and desires. "
more at link
http://www.fortmorgantimes.com/ci_20010202
There have been many articles about the number of baby boomers turning 65 [the usual count given is 10,000 per day.] And most of the discussion today is how Social Security and Medicare will be negatively affected by the huge number of baby boomers joining the ranks.
http://www.pewresearch.org/fact-tank/2010/12/29/baby-boomers-retire/
Conversely, I was curious how many baby boomers are now dying [a statistic that will have an equally huge financial, cultural and racial impact in the future.] I've discovered there isn't near as much information related to that issue.
I did find this 2017 .gov info:
" The aging population of the United States is propelling the nation toward a milestone: A historic increase in the number of deaths every year.
Deaths are projected to reach more than 3.6 million in 2037, 1 million more than in 2015. As the nation’s baby boom cohort ages (the youngest are 53 this year), the number and percentage of people who die will increase dramatically every year, peaking in 2055 before leveling off gradually.
The nation as a whole is aging, but not every area of the country or every racial and ethnic group is graying at the same rate.
...
... As the older population dies, the racial and ethnic makeup of the younger population will play a larger role in shaping the demographic profile of the population. In most areas, the impact is minor year to year, but over time these patterns will bring about substantial changes. With the highest median age of all racial and ethnic groups (43.3), the non-Hispanic White alone population is the only group projected to experience natural decrease in the near future."
https://www.census.gov/library/stories/2017/10/aging-boomers-deaths.html
I also found this interesting 2012 article:
Baby Boomers will be mostly gone in 20 years
" It's time to start planning about what to do when we Baby Boomers die off.
That may seem distant, but it is not.
For the past 20 years, the conversation has been about what society will do when the Baby Boom generation hits retirement age -- and that day is here. Each day, more than 10,000 of that generation reaches 65, and our systems are straining to keep up.
One of the biggest new career fields is health care, and much of that has to do with Baby Boomers progressively needing more health care. Corporations, hospitals, clinics and other health care providers are scrambling to find enough people to do the jobs that need doing.
Some are calling it a Silver Tsunami.
With expanding life spans, these people will need care for quite some time, but these times will not last. The sad truth is that most Baby Boomers have not planned for retirement beyond paying their social security tax, so they will not have the big bucks to pay for more than basic health care, even with Medicare.
Twenty years from now, the Baby Boom generation will be dying off rapidly. Yes, it will happen somewhat gradually, but not too gradually. What will happen to the health care industry then? Will health care employees have plans for other careers?
For that matter, what will many employees in any number of fields do?
With the demise of a huge portion of the population, less housing will be needed, less food will be needed and there will be fewer jobs for meeting Baby Boomer needs and desires. "
more at link
http://www.fortmorgantimes.com/ci_20010202