Age is an interesting thing. America is getting older and for a first time by year 2030, all Baby Boomers will be older than age 65. In other words, one in ever five residents in the United States will be of retirement age.
“The aging of baby boomers means that within just a couple decades, older people are projected to outnumber children for the first time in U.S. history,” said Jonathan Vespa, a demographer with the U.S. Census Bureau.