Read our social issue report on healthy aging which includes: an overview of the social issue, an investment recommendation, information on the return on investment, and ways to take further action.
Seniors are typically defined as individuals age 65 and older, the age at which most Americans can access certain social programs, such as Medicare health benefits. Presently, the number of seniors is growing in conjunction with the aging of the Baby Boom generation, defined as persons born between 1946 and 1964. Approximately 79 million Baby Boomers reside in the United States today, roughly one-fifth of the American population. Boomers are also expected to live much longer than preceding generations, with a current average life expectancy of 83.6 years.
Healthy aging is the process by which American seniors, age 65 and older, maintain physical and mental health, engage socially, and remain active and independent in their communities for as long as they are able. Although some seniors have health conditions that require facility care, seniors with minimal health needs may age in their homes with supportive community services.