Demographers, Gerontologists and Government Officials are Counting Down to 2030. That’s the Year America’s Youngest Baby Boomers Will Reach Retirement Age.
By Anna Almendrala and Ana B. Ibarra September 18, 2019.
The country already is feeling the effects of an aging population, but its most populous state is bracing for a hard hit as retirement collides with increasing poverty and the high cost of living. By 2030, an estimated 1 in 5 Californians will be 65 or older, representing a segment of the population growing faster than working-age Californians, according to the Public Policy Institute of California.
“As we grow in the number of older Californians, we actually shrink in the number of younger Californians” who will make up the workforce, Dr. Mark Ghaly, secretary of California’s Health and Human Services agency, said Monday at a forum hosted by The SCAN Foundation, which advocates for the welfare of older adults. (Kaiser Health News, which publishes California Healthline, receives support for its coverage of aging and long-term care issues from The SCAN Foundation.)
DID YOU KNOW:
On September 20, 2019 San Francisco will host the largest statewide event on the new California Master Plan for Aging. The resource fair and panel discussion will inform and engage our community in the upcoming statewide process around a strong future for all Californians. Registration is free! Click here and register for more information.