The world’s population of seniors age 65-plus will triple in the next 40 years, according to a story in the Associated Press. That would mean that 1 in 6 would be in that age group and that will strain the ability of the United States and other nations to care for them.
"The world’s population has been graying for many years due to declining births and medical advances that have extended life spans, according to the AP. "As the fastest-growing age group, seniors now comprise just under 8 percent of the world’s 6.8 billion people."
In addition, a wave of baby boomer retirements will challenge pension plans and add to rising health costs, according to experts on senior issues.
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