Tuesday, January 10, 2006

 

Need for Long Term Care Insurance Revealed by Population Demographics

Statistics about aging and caregiving in the U.S. reveal a concern for aging Baby Boomers that may pose a major problem, say the advisors at www.Long-Term-Care-Insurance-Planners.com. Without action, a comfortable old age for many Americans could be in jeopardy.

Consider this picture of our aging population: In 2006, 36 million people are over 65 years of age. In 25 years, that number will double to an estimated 71.4 million. While the number of people over age 85 is more than 4 million today, it will become 9.6 million by 2030.

Need for Long Term Care Insurance Revealed by Population Demographics
Source: Insurance News Net

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