Number of U.S. elderly to double by 2050 -reports

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Number of U.S. elderly to double by 2050 -reports

<p><a href="http://news.yahoo.com/number-u-elderly-double-2050-reports-174038361.html"><img src="http://l1.yimg.com/bt/api/res/1.2/.WacYlRYaI5jLPi_8QpB3A--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-05-06T174038Z_1_LYNXMPEA450I5_RTROPTP_2_USA.JPG" width="130" height="86" alt="An elderly couple looks out at the ocean as they sit on a park bench in La Jolla, California" align="left" title="An elderly couple looks out at the ocean as they sit on a park bench in La Jolla, California" border="0" /></a>By Susan Heavey WASHINGTON (Reuters) - The number of people age 65 and older in the United States is expected to almost double by 2050, a shift that is expected to drastically alter the nation's racial makeup and pressure its economy, two government reports released on Tuesday said. Those older U.S. residents are expected grow from 43 million in 2012 to nearly 84 million over the next four decades as the baby boomer generation ages, the Census Bureau said in its latest estimate. One in 5 of the nation's population will be 65 or older by 2030, the year by which all baby boomers - named for the &quot;boom&quot; in U.S. births in the years following the Second World War - hit the unofficial retirement age, the Census Bureau found. At the same time, as boomers age and die, their decline is expected to spur dramatic changes as the mostly white generation makes way for an increasingly diverse younger population.</p><br clear="all"/>

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