Aging Population in the U.S.

SOURCE www.axios.com
A record number of Americans will turn 65 this year, with 4.1 million Baby Boomers reaching this milestone. This demographic shift will continue through 2027, impacting the workforce and societal structures.

Key Points

  • Record number of Americans turning 65
  • Impact on workforce and societal structures
  • Changes in retirement age and productivity

Pros

  • Increased experience and wisdom in the workforce
  • Diverse perspectives from a larger population of seniors

Cons

  • Potential strain on social security and healthcare systems
  • Challenges in adapting workplaces to accommodate older workers