Aging and Caring Population in North America

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Today, the aging and caring population in North America make up close to 60% of the population. Future projections shows that this does not change much as the baby boomers reach their retirement age. Baby boomers and their offspring accounts for a significant percent of today’s population. By the time the baby boomers turn 65 years old, statistics have shown that we will be a society where there will be more people over the age of 40 than below the age of 40; the number of senior citizens could easily exceed the number of childrenIn addition to our aging population, today’s sandwich population are busy working professionals and they too believe time is a valuable asset. They want to be quickly informed and be involved in key decisions, especially as it relates to their family and their lives. They are also very well-connected. These are the caregivers of today. They long for more quality time for themselves. As a result, I wanted to shine a light on the current state of aging and caring in North America.
The average life expectancy for US and Canada is currently 79 and 81 years respectively. Informal caregiver services are currently valued at 450 billion dollars in the US and 9 billion dollars in Canada. This is a staggering number. The percent of the population caring for someone who is ill, disabled or aged, ranges between 29-35% of the population in North America. This is the very reason we need a platform for engagement for this population. They represent the “silent” backbone of the health care system. Their experience counts.

See my blogpost for more information
http://www.timewiseit.com/aging-and-caring-population-in-north-america/

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Aging and Caring Population in North America

  1. 1. Samehousehold insti tution Deceased Paren t/Parent-in-law Friend/Neighbo ur/Other Another househ old Healt h care Short-term Other -lawpartner relative Child Spouse/Common O ther such as houseworkHelp with activities Personalcar e Transportation anddelivery Other Mealpreparation 1 to less than 3 years 3 to less than 5 years Less tha n 1 year 5ormore y ears Long-term 93+ 71-92 19-39 18 or less BabyBoomers SilentGeneration GenY/childrenof GenZ Baby Bu sters / Baby Boomers Tra ditionalists GenX [BB] Aging and Caring in North America US AND CANADIAN COMPARISON CANADIAN CAREGIVERS [2012] CANADIAN CARE RECIPIENT [2012] CHALLENGES OF GIVING CARE HOURS DEDICATED TO CAREGIVING Gender Age Group Relationship to caregiver Residence Health condition Care Provided Duration of Care Age Group Marital status Employment status An informal caregiver is an unpaid individual (a spouse, partner, family member, friend, or neighbor) involved in assisting others with activities of daily living and/or medical tasks. What is an informal Caregiver? 0.3% % Population Year Born Generation Age Group [Years] 9.2% 4.3% < or =1918 1919-1940 1972-1992 1993+40-45 46-65 66-70 1966-1971 1946-1965 1 941-1945 The Canadian Population and The Generations [2011] 28.6% Population Life Expectancy Informal Care Giver services are valued at Percent of the population providing care to someone who is ill, disabled or aged Aging population 65+ years 2000-2030 will be mostly attributed to the Aging Baby Boomers Female caregivers 8.4% 27.3% 21.9% 35 Million314 Million 79years $450billion+ 29% 66% 35million to 61million CanadaUS 81years $9 billion+ 35% 5.2 mllion to 9.9 million 57% 0 20 40 60 80 100 Men 43.2% 85 or older Married/ Common-law 22.1% Widowed / Separated / Divorced /Single 77.9% 55 to 64 32.8% Not employed in past year 31.2% 45 to 54 39.8% Employed in past year 68.8% 75 or older 10.3% 65 to 74 17.1% Women 56.8% 65 to 74 65 to 74 AgeofCaregivers Sources Average Hours of Care provided each week For more information email : i n f o @ t i m e w i s e i t . c o m http://www.statcan.gc.ca/pub/82-003-x/2012003/article/11694-eng.htm http://www.caregiver.org/caregiver/jsp/content_node.jsp?nodeid=439 http://www.ccc-ccan.ca/media.php?mid=124 http://www.statcan.gc.ca/pub/82-003-x/2012003/article/11694-eng.htm http://www.alzheimertoronto.org/ad_Statistics.htm http://www.thecanadianencyclopedia.com/articles/baby-boom http://www.ncbi.nlm.nih.gov/pmc/articles/PMC1464018/ http://www.statcan.gc.ca/daily-quotidien/100526/dq100526b-eng.htm (older than age 65) fatigue stress not enough time for themselves or family emotionally demanding 17% 12% 10% 7% When they were asked about the challanges of caregiving, 0 5 10 15 20 25 30 35 75+ 65-74 55-64 45-54 25-44 15-24 34.5% 30.7% 25.3% 25.8% 19.3% 14.8% 38.8% 30.2% 83.5% 13.4% 69.6% 13.6% 12.0% 4.8% 55.8% 21.6% 45.9% 32.5% 19.2% 10.5% 9.7% 4.8% 3.1% 21.5%13.8% 34.5% 20.5% 15.5% 11.2% 14.0% 2013 c timewiseit.

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