The older population can be broken down as follows:
- The “Young Old” 65-74.”The first wave of aging Baby Boomers who will reach full retirement age in 2011. For the next 20 years, 74 million Boomers will retire.“
- The “Old” 74-84.
- The “Oldest-Old” 85+. The growth rate of this segment is twice that of those 65 and over and almost 4-times that for the total population.
This article looks at the service business opportunities that the baby boomers will demand to age with a good quality of life. The size of the opportunity is large. read more