Elderly Adults : An Aging Population

Ageing population is a worldwide pattern; it has major implications for the way in which programs designed to support older people are funded. While social security and means-tested social assistance programs for long-term care protect the living standards of the poor, middle income groups face under-appreciated risks, such as outliving their capital or needing expensive long-term care. This will cause economic, social, and political implications of a rapidly ageing population, which will affect society and businesses.

* The cost of health care for elderly people is greater than educational costs for the young.  Hence, population aging will eventually place severe strains on government budgets for health care and pension plans, and with fewer workers to pay the taxes.

Throughout the world and throughout history, the young have always outnumbered the elderly. Over the next 40 years this will change. The population over 60 will grow by one billion to a total of two billion. For the first time in human history there will be more people over 60 than under 15. One in every five people will be elderly. In 1950 there were twelve working people for every elderly person, today nine working people and in 2050 4 working people. More money will go out and less money will come in. (HelpAge International, 2014) Economies will face a change in terms of growth, savings, debts, investment, consumption, labor markets, pensions and taxation. Social impacts will consist of changes in family composition, living arrangements,

Statistics show that there has been an increase in a number of elderly people as par the census over time. NCEA (n.d.) projects that the elderly population is to continue increasing in 2050 up to a value above 20% of the total population. The increment has been realized straight from 1990’s and the graph has continued with the upward trend.

The term elderly refers to those who are age sixty-five and older. There are three subsections of the elderly which include the young-old who are age sixty-five to seventy-four, the old-old who are age seventy-five to eighty-four, and the oldest-old who are age eighty-five and older. As the overall age of the United States' population is increasing, known as the graying of America, The current percentage of people sixty-five and older is about twelve percent and is expected to increase significantly over the next twenty years. This increase, cultural changes, and familial changes have led to an increased need of financial resources, legal aide, medical care, and nursing and assisted living facilities for the elderly. Because people are simply living longer than they have before, this puts increased tension on the society as a whole including government programs, legal and protective services, but especially the medical field. Instead of the family taking care of their elderly as in the past, now many of them end up in nursing homes and assisted living facilities.

In the US, the life expectancy has increased from 45 in the beginning of the century to 75 in 2004. However, the increased life expectancy coupled with the reducing birth rates raises issues about the impact of an aging population on the economy. The US has already experienced growth in the size of the older population and this growth is a result of historical trends in fertility. An increase in the older population leads t o a reduction in the GDP per capita, which results from a slow growth in the labour force. This means that as the older population increases, the growth of the GDP will keep

In the next 20 years the ratio of age range will be mostly 65 and older which will be triple the time of what we have now (Kochhar, 2014). In 2009, 39.6 million of the population was over the age of 65, which made a big part of the total population in the US. (Rodgers, 2012). Which this information from 2009, you can almost imagine the increase we will have in 2050 with more elders and less means of putting individuals to use due to their old age. I think that in the future this will be the worlds greatest downfall because there will be so many older people and not enough young population to uphold the jobs and businesses throughout the US. Health issues with Aging will be a huge problem for the elder population. There are many different diseases to look out for within older individuals. Cancer and Heart Disease are two of the diseases older people would be some of the chronic diseases an older person would get. Preventing this would mean for all elders to live a healthier lifestyles. Your environment would be the main key of becoming healthy and reducing the chances of any chronic disease ("Chronic Disease Prevention And Health Promotion", 2011).

Due to peoples life expectancy getting longer, the population of the elderly has increased. The aging population has become one of the most worrying issues in THE UNITED STATES. Their progress, observed in unison, and above all the speed that has been acquiring since the seventies, has caused some fear not only in the political field but also at the academic level. With a background dominated by medicine, economics, psychology, demography, sociology and other sciences (social and health) have usually addressed aging as a problem and characterize old, elderly, elderly, grandparents, retirees or senior citizens regarding passivity, burden or dependency. Here and there, 'old age' has been viewed negatively. A large part of the geriatrics or gerontology manuals published in the 1990s or earlier contained lessons on the deficits and disorders that accumulate

It is anticipated that the elderly population in the world will increase by 21% in the next 50 years. The elderly population in the developed and developing countries will increase by 51% and 140%respectively.

In the era of globalization, with the advent of new medicines have revolutionized the modern day health care. Such advancements in medicine field have enabled our older adults to live longer. The discussion of whether the growth of the population of the old people has impact in our future or not is a debatable topic, with each side has its logical argument. This essay will further elucidate how the growth of elderly demography has impacted our society at large.

Due to the increasing growth rate of the elderly population starting from 2005 and projected the growth thru 2050 “people ages 65 and older—will grow to 81 million in 2050, up from 37 million in 2005. This group will

Life expectancy has been a transforming factor on health care today. It is believed by many that the elderly population’s rapid

As the population of the United States increases so will our older adult population. This population consists of individuals 65 years old and above. “ By 2030, the number of United States adults age 65 and older will more than double to about 71 million (CDC, 2012). This suggests that more people of older age will need services whether medical, financial, etc. These services include nursing homes, which are private and state institutions that provide residential accommodations with healthcare.

From the researches done, it can be seen that the problem of ageing is a norm for economic developed countries. The shift in age structure will have an effect on the country’s economy. However, this problem can be solved by having policies that benefit both the elderly as well as the country. “We are crafting new policies, improving our infrastructure and developing effective programs to enable older citizens to lead full and happy lives” (Lee, 2009). The government ensures

By 2030, experts project there will be roughly 71 million US citizens 65 years or older. That's almost twice as many in this demographic as there were in 2006 (37 million). With many seniors choosing to age in place (stay in their own homes) for as long as possible, it is critical to plan early.