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Aging trends.

The U.S. population aged 65 and older is expected to double in the next 25 years. Experts at the U.S. Census Bureau have said the social and economic impacts will be significant for both individuals and society as a whole. In the report, "65+ in the United States: 2005," commissioned by the National Institute on Aging, the following trends were noted:

* By 2030, almost one out of five Americans will be 65 years or older.

* While the health of older Americans is improving, chronic conditions like heart disease and arthritis will be leading causes of disabilities.

* The financial circumstances of older people have dramatically improved. Poverty levels for those 65 and older decreased from 35 percent in 1959 to 10 percent in 2003, largely due to Social Security.

* Florida, Pennsylvania and West Virginia have the highest percentage of people ages 65 and older.

* Higher levels of education, linked to better health and a higher standard of living in retirement will continue to increase among those 65 and older.

* The aging population is growing more diverse, along with the United States as a whole.

* With the number of divorced couples on the rise, aging individuals may have varying levels of family support.
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Title Annotation:knowitall
Publication:Journal of Property Management
Article Type:Brief article
Geographic Code:1USA
Date:Jul 1, 2007
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