10-02-2016, 11:35 AM
(10-02-2016, 11:05 AM)Dan Wrote: http://www.forbes.com/sites/neilhowe/201...bee3ee70ce
Quote:Over the past few years, the senior care franchise business is booming—growing 6.6% annually—and shows no sign of slowing. Small wonder: An impending wave of Boomers will swell the 65+ age bracket in the coming decades. What’s more, Boomers’ distinctive attitudes and preferences will set them apart from previous generations of seniors. Many industries, from health care to travel and hospitality, will be transformed along the way. Boomers have had a profound effect on every age bracket they have entered throughout their lives—and old age will be no exception.
The impending senior wave is powered by two distinct drivers. First, demography: Boomers will be entering older age brackets in record numbers over the next couple decades. Last year, 14.9% of the population was age 65 or over. By 2035, that share is projected to hit to 21.4%. In that same time, the share of the population over age 75 is projected to nearly double from 6.4% to 11.1%...
http://www.forbes.com/sites/neilhowe/201...bee3ee70ce
Does that assume boomers will live as long as silents did? That's not necessarily a good assumption.