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The American population is aging as the largest generation, the Baby Boomers, are reaching retirement age and beyond.
According to the World Health Organization, this isn’t just an American trait—the world’s population of older people is growing in both size and proportion of age. By 2030, 1 in 6 people will be 60 or older.
In the United States:
In the next 10-20 years, just shy of 1 million new assisted living units will be necessary to accommodate the growth in our country’s aging population.