Series: Residents who are 65 and older soon will outnumber those 18 and younger, and that means changes in myriad aspects of life here and across the country.
First, we’re getting better at staving off death., experts say that’s a short-term number that reflects the fact that about a million Americans died during the first two years of the COVID-19 pandemic. The long-term age trend is more upbeat, with data showing we’re living longer than ever. Americans who make it to their 60th birthday can expect to live, on average, another 23-plus years.
These and many other long-standing questions get a new twist in a world that’s aging as fast as ours.“It’ll all be used up,” said Kelly Schmidt, 26, an aspiring sports agent who lives in Redondo Beach. Simmons, who lives in Tustin, grew up near Salt Lake City in a neighborhood she shared with her grandparents. She watched her mother’s parents grow old, shifting from full-time workers, to active retirees, to still-active-but-somewhat-slower retirees, now in their 80s, who occasionally seek assistance from their adult children and grandchildren.
But ask for specifics – how the aging boom might harm or help our economy and society – and talk often turns into a shrug. Residents of Laguna Woods enjoy a concert performed by Ronstadt Revival Saturday, September 17, 2022, in the Performing Arts Center in Laguna Woods, a retirement community turned city where the median age was 75.
Housing, in fact, will be a particularly tough issue for Southern California as the population gets old. Schwarm and others said a growing trend among retirees to “age in place” will turn an already tight housing market into something potentially untenable. Today, in Los Angeles, Orange, Riverside and San Bernardino counties, young people still barely outnumber the 65-plus crowd. Butthat will be true only in San Bernardino County. In the other three counties, older people will vastly outnumber the local pools of younger people.
Age is already reshaping much of western Europe. Countries with the highest percentage of older people in the European Union recently have battled aging-related economic problems, with tighter labor markets, shrinking consumption and less entrepreneurship and innovation.
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