Report: Number of U.S. elderly to double by 2050
WASHINGTON (Reuters) - The number of people age 65 and older in the United States is expected to almost double by 2050, a shift that is expected to drastically alter the nation's racial makeup and pressure its economy, two government reports released on Tuesday said.
Those older U.S. residents are expected grow from 43 million in 2012 to nearly 84 million over the next four decades as the baby boomer generation ages, the Census Bureau said in its latest estimate.
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