{"id":27819,"date":"2020-12-28T05:35:49","date_gmt":"2020-12-28T13:35:49","guid":{"rendered":"https:\/\/www.yardi.com\/blog\/?p=27819"},"modified":"2026-02-22T15:33:01","modified_gmt":"2026-02-22T23:33:01","slug":"senior-living-wisdom-2","status":"publish","type":"post","link":"https:\/\/www.yardi.com\/blog\/senior-living-wisdom-2\/","title":{"rendered":"Senior Living Wisdom"},"content":{"rendered":"<p>Fifteen percent of Americans were 65 and older as of 2018. One study projects that the population of Americans 65 or older could reach 108 million in 2050. The 85-and-older population may increase at least fivefold in that time, to more than 6% percent of the citizenry.<img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-24211\" src=\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/04\/rsz_adobestock_340230078.jpg?w=300\" alt=\"\" width=\"300\" height=\"169\" srcset=\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/04\/rsz_adobestock_340230078.jpg 1920w, https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/04\/rsz_adobestock_340230078.jpg?resize=768,432 768w, https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/04\/rsz_adobestock_340230078.jpg?resize=1536,864 1536w, https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/04\/rsz_adobestock_340230078.jpg?w=400 400w, https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/04\/rsz_adobestock_340230078.jpg?w=500 500w, https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/04\/rsz_adobestock_340230078.jpg?w=600 600w, https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/04\/rsz_adobestock_340230078.jpg?w=720 720w, https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/04\/rsz_adobestock_340230078.jpg?w=800 800w, https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/04\/rsz_adobestock_340230078.jpg?w=1000 1000w, https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/04\/rsz_adobestock_340230078.jpg?w=1200 1200w, https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/04\/rsz_adobestock_340230078.jpg?w=1440 1440w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>Some indicators of an aging population \u2014 and a few fun facts \u2014 are presented in the information below, which is drawn from a range of sources including the U.S. Census Bureau; the United Nations; Washington, D.C.-based population, health and environmental information source Population Reference Bureau; and Virginia law firm Mountain Empire Legal Services.<\/p>\n<ul>\n<li>85 and up is the U.S.\u2019s fastest-growing age group by percentage.<\/li>\n<li>By 2040, about one in five Americans will be 65 or older, up from about one in eight in 2000.<\/li>\n<li>Persons 65 and older are projected to outnumber children by 2034 for the first time in U.S. history.<\/li>\n<li>In 1960, those 65 and older comprised 4.9% of the global population. By 2050, they will account for 17%.<\/li>\n<li>More than 10,000 members of the baby boom generation (born between 1946 and 1964) turn 65 every day.<\/li>\n<li>As of 2018, 24% of men and about 16% of women 65 and older were in the labor force.<\/li>\n<li>About 65% of baby boomers say they plan to work past age 65.<\/li>\n<li>Five percent of people 65 and older in 1965 had completed at least a bachelor\u2019s degree. Twenty-nine percent of that age group had done so by 2018.<\/li>\n<li>About 80% of seniors own a car and drive frequently.<\/li>\n<li>Nearly half of all adults 65 and older volunteer.<\/li>\n<li>Harland David Sanders (Col. Sanders) started Kentucky Fried Chicken when he was 65.<\/li>\n<li>May is Older Americans Month, so designated to appreciate and recognize senior citizens.<\/li>\n<li>August 21 is Senior Citizens Day.<\/li>\n<\/ul>\n<p>And another fact: The <a href=\"https:\/\/www.yardi.com\/products\/senior-living-software-suite\/\">Yardi Senior Living Suite<\/a> delivers multiple benefits for senior living community residents, operators, caregivers and families.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fifteen percent of Americans were 65 and older as of 2018. One study projects that the population of Americans 65 or older could reach 108 million in 2050. The 85-and-older population may increase at least fivefold in that time, to more than 6% percent of the citizenry. Some indicators of an aging population \u2014 and [&hellip;]<\/p>\n","protected":false},"author":610,"featured_media":26003,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_s2mail":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,2952],"tags":[842,2438],"class_list":["post-27819","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-senior-living","tag-senior-living","tag-yardi-senior-living-suite"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Yardi Blog<\/title>\n<meta name=\"description\" content=\"Fifteen percent of Americans were 65 and older as of 2018. One study projects that the population of Americans 65 or older could reach 108 million in\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.yardi.com\/blog\/senior-living-wisdom-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Senior Living Wisdom\" \/>\n<meta property=\"og:description\" content=\"Fifteen percent of Americans were 65 and older as of 2018. 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