Trends in aging open up business opportunities

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

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