The Future of Aging Is Florida1
According to the US Census Bureau, the elderly population in the United States will more than double to 88 million by 2050, with the frail, over-the-age-of-85 population quadrupling to 19 million. By 2050, more than half of all Americans will be over the age of 85.
Health and medical care, economic concerns, caregiving, retirement, nutrition and diet are all topics covered in the seven-part series Aging in the Twenty-First Century. For the first time in history, older adults are expected to outnumber younger children globally. The “Sunshine State” often serves as a model for other states in geriatrics and gerontology.
The Need for a Plan
Almost 70% of seniors will require long-term care services at some point in their lives, and those who do not plan ahead have fewer options and less control. Medicare and private health insurance programs do not cover the majority of services that most people require.
Know Your Options
Unpaid family members currently provide the majority of long-term care in the United States, costing working caregivers an average of $650,000 in lost wages, Social Security benefits, and pension contributions. Other options for caregiving include private pay and Medicare supplemental insurance.
Applied research is critical for understanding aging, but it can also reveal important new information about human health.
Communication with Family Members
Communication is perhaps the most important of all the solutions discussed here, and every family should consider having conversations about how to plan ahead for ways to reduce costs or share caregiving responsibilities. According to a Genworth study, more than 90% of those polled had not discussed critical long-term care issues with their spouse or partner.
When working with older adults, Dr. John Sutter of the American Geriatrics Society points out that the need for long-term care services is nearly four times higher for those aged 85 and up compared to those aged 65 to 84.
Women live longer and have higher rates of disability than men, and they are more likely to require long-term care services than men, and they use institutional services more than home and community services.
Racial and Ethnic Diversity
Figure 5 depicts the projected distribution of the population aged 65 and older over the next 50 years, showing that the number of minority older adults will grow much faster than non-Hispanic whites, implying that working with older adults requires a higher level of sensitivity.
Why do old people migrate to Florida?
Florida is a tax-friendly state for retirees, which means you’ll be able to keep more of your retirement income because there are no estate or inheritance taxes, and property taxes are reasonable, making the state financially appealing to seniors looking to save for their golden years.
Is Florida’s population aging?
Floridians’ Race/Ethnicity The proportion of Florida’s population aged 60 and up is growing faster than other segments of the population, with the US Census Bureau projecting that 32.5 percent of the state’s population will be 60 and up by 2030, up 34 percent from 2012.
What county in Florida has most seniors?
With a population of around 132,400 people, Sumter county has the highest proportion of seniors (58.2%).
What do they call people who move to Florida?
Floridians and Floridans are terms used to describe people who live in Florida.
Why are retirees leaving Florida?
The list of reasons why Florida was ‘the’ place to retire seemed almost endless; no state, estate, or inheritance taxes make it appealing to those who do not earn a living, and it has a diverse range of recreation options, as well as the climate to match them, including every type of water sport imaginable.
What is the percentage of seniors in Florida?
Florida has the highest percentage of people aged 65 and up, with the senior population accounting for 19.36% of the total population.
Where do most retirees live in Florida?
Here are the top 25 places to retire in Florida today, without further ado.
- Sarasota is a small town on the Gulf Coast about an hour south of Tampa and a little less than two hours north of Fort Myers.
- The Villages.
- New Smyrna Beach.
What city in Florida has the oldest population?
The Villages, Florida, has the oldest median age in the United States, at 67.5 years. The city is a census-designated place, but it is primarily made up of an age-restricted community with resort-style entertainment and recreational activities for older residents.
What is the largest age group in America?
In 2021, the estimated population of the United States was 329.48 million, with adults aged 25 to 29 accounting for the largest age group, with 11.88 million males and around 11.36 million females.
What is the youngest state in the US?
Utah is the nation’s fastest-growing state, and new data shows it has remained the youngest for the past decade. Aug. 12, 2021, at 8:08 p.m.