Baby boomers to face fewer caregivers as they age
11/14/2013 12:05 PM
11/16/2013 5:14 PM
The AARP Bulletin landed in the mailbox this week offering some interesting data.
It said that baby boomer family members ages 45 to 64 are the most likely caregivers for the country’s older population. But as these boomers — born 1946 to 1964 — age, fewer people will be around to care for them, a new AARP Public Policy Institute report said.
Today there are about seven caregivers for each person age 80 and above. But by 2030, just 17 years from now, the number of caregivers per older person will drop to four as baby boomers born in 1950 reach age 80.
By 2050, 37 years from now, the number of caregivers will shrink to three per person age 80 and above. I’ll be 95 by then — one year younger than my dad is now.
But he and Mom had four kids; I have two. The AARP report cited lower rates of marriage and fewer children for the diminishing pool of caregivers.