The US is already over 16% “senior”, with over 50 million seniors today.
But, as an investor, you have to think in second-derivative terms to make sense of secular trends. As the Boomers age, about 10,000 will turn 65 each day for the next 20 years – the term “Boomers” refers to the Baby Boomer generation, which represents everyone in the US born between roughly 1946 to 1965.
It is an important demographic because it represents a time of very high birth-rate in the US following the end of WWII. Basically, all the men came home to start a family during a time of great prosperity, and fecundity went through the roof.
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/PRNewswire/ According to the latest report, "Geriatric Care Services Market by Service (Home Care, Adult Day Care, Institutional Care), Service Provider.
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