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While the Massachusetts population as a whole is projected to grown by just 6.5% between 2020 and 2050, the number of residents aged 85 and older will more than double.
All developed nations are facing a demographic crunch due to low birthrates and large numbers of seniors. Immigration has a huge effect on their rate of aging, with Japan facing the most difficulty due to its extremely low birthrate and almost nonexistent immigrant population.
The Profile of Older Americans reports the continued growth of the 65 and older population, by 38% from 2010 to 2020.
The Administration on Aging’s Profile of Older Americans provides a lot of interesting statistics, but misses the boat on the growing elder care need due to it’s focus on the 65 and older population rather than those 85 and older.
The outmigration of working-age residents from Massachusetts could have a deleterious effect on elder care.
Peak population growth in the United States and worldwide will bring huge societal changes as populations age and the need for workers grows. How developed nations fare will depend in large part on their immigration policies.
Article about elder care crisis misses reality that it’s going to get much worse in about 10 years.
Worldwide demographic trends raise the questions of how will aging nations maintain productivity and care for their seniors and younger ones benefit from their “demographic dividend?”
We are not ready for the long-term care crisis coming to the United States and Massachusetts in 10 years.
With results coming in from 2020 census, Massachusetts holds its own, but aging tsunami is on its way. Margolis & Bloom, Wellesley and Boston, MA, 02481.
