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Census Results Show Graying of America Trend

The 2010 census results show that the over 65 age group grew 15.1 percent over the past 10 years.

The increase was even more dramatic in some of the over 65 subgroups. For instance, the age 65-69 group increased by 30.4%, the age 85-94 group grew by 29.9%, and the over age 100 group increased by 5.8%. The only subgroup to lose ground was the age 75-79 group which decreased by 1.3 %. However, the decrease was not attributed to an increased mortality rate in that age group but a decreased birth rate in the early 1930s. Florida leads the nation with 17.3% of its population in the over age 65 age group.

This increase in longevity means that 50 really could be the new 30 and planning for long-term care needs to become as routine for people as planning for retirement. Just as the demise of pension plans shifted primary responsibility for having sufficient retirement income to individuals, the strained federal and state budgets and the surge in the over 65 population will mean that the primary responsibility for having adequate long-term care resources will also shift to individuals.

As with retirement planning, the earlier you start, the more options you have. So, if you haven’t thought about how you will pay for your long-term care needs, today (not tomorrow) is the time to start. Remember, the first wave of the Baby Boomers just turned 65 this year. America will probably be even grayer in the 2020 census.

  • Why Choose
    Our Firm?

    We limit the number of clients that we have at one time, allowing us to focus on your case.

    Personalized Representation
  • Know the
    Benefits

    Find out if you and your family can benefit from our elder law planning services!

    More Information
  • Dedicated & Experienced

    Our firm exclusively handles elder law concerns so your family can obtain peace of mind.

    Meet Your Attorney
  • Complimentary Consultation

    Let us help. Request your consultation today and we will be in touch.

    Contact Us Now

Contact Us

Edwards Elder Law, P.A.
St. Petersburg Elder Law Attorney
Located at: 2510 1st Ave. N.,
St. Petersburg, FL 33713
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Phone: (727) 755-5808
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