Aging: Lifestyles, Work, and Money by Elizabeth, Hodges, Kris Vierck

By Elizabeth, Hodges, Kris Vierck

From politics to pop culture, child boomers exert a profound influence on the USA. As they input heart age and retirement, this iteration, extraordinary in measurement, will confront an unlimited new realm of difficulties, offerings, and judgements. Their wishes will make the graying of the United States the main major demographic occasion of our time. As a source suited for such an occasion, getting older: life, paintings, and cash, offers a definitive, complete resource of data approximately humans elderly sixty five years and older. the knowledge is listed and integrated below easy-to-follow headings, permitting the reader to find evidence quick and as wanted, or browse and stumble upon worthy details serendipitously. Vierck and Hodges not just offer exhaustive assurance of important records (including many formerly unpublished features), but additionally supply analytical support—describing developments, supplying insights, and supplying a framework for knowing the data.This quantity is supreme to the aged whose matters it investigates, in addition to to clinical and nursing libraries, and somebody attracted to the manifold concerns linked to the aged. It contains a bibliography, an inventory of sites, and an appendix directory global documents and engaging proof, supplying a checklist of a few amazing achievements of the aged.

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In contrast, the elderly population grew at a much lower rate in the Midwest (7 percent) and Northeast (5 percent). 1 Percent of Population Aged 65+ by County or Equivalent Area ■ Most elderly live in metropolitan areas More than three-fourths of the elderly, 78 percent, live in metropolitan areas. About 50 percent live in the suburbs, 27 percent live in central cities, and 23 percent live in nonmetropolitan areas. ■ While the number of elderly grew, people aged 65+ represented a smaller portion of the nation’s population in 2000 than in 1990 Unlike previous decades, during the 1990s, the portion of the population that was elderly declined nationally, in two regions of the country, and in over half of the states.

1). 1). Nevada and Alaska had the highest increases (72 and 60 percent, respectively). Other states with large increases are: Arizona (40 percent); New Mexico (30 percent); Hawaii (29 percent); Utah (27 percent); Colorado (26 percent); Delaware (26 percent); South Carolina (22 percent); Wyoming (22 percent); Texas (21 percent); North Carolina (21 percent); Idaho (20 percent); and Georgia (20 percent). ■ The West and South had the highest growth in the elderly population between 1990 and 2000 The West experienced the highest percentage increase of the elderly population between 1990 and 2000, at 20 percent.

In part, this could be driven by home values, which tend to increase with income. Also, higher income elderly households are younger (and thus more likely to have a mortgage) and have a higher likelihood of a member who works (thus increasing the ability to support a mortgage; see the Pension and Social Security discussion in Chapter 9, “Consumer Spending”). 6). Those in the West are the most likely to have a mortgage. S. htm. S. htm. ■ Elderly homeowners have twice the income of elderly renters* In 2001 the median family income of elderly homeowners was almost twice that of elderly renters, $23,409 versus $12,233.

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