2. The baby boom generation is reaching a tipping point: retirement funds have been hit hard, accumulated wealth is declining (driven by declines in house values) and employment options are limited Overview So where does this leave us? How can we make life easier for those who are entering the latter phases of their lives? What role do hard assets like housing play in the lengthened retirement phases? Can these boomers remain in the workforce? While this generation will realize the highest life expectancies to date, their quality of life will be drastically reduced due to increased rates of chronic illness and cancer As the boomers reach retirement age, they will be faced with much higher life expectancies than their parents. Many have cared for their elders, and are hesitant to put their children through the same ordeal.
4. Population Estimates As of 2008, roughly 78M Americans fell into the 45-64 year old age group according to US Census estimates. Data source: census.gov
5. The Demographic Mismatch 2005 2030 3.3 workers per social security beneficiary 2.1 workers per social security beneficiary -40% 30M people between the ages of 65 and 84 55M people between the ages of 65 and 85 +83% Data source: census.gov
6. The Elderly Are Living Longer With Cancer Data source: Statecancerprofiles.cancer.gov
