The Silver Tsunami Is On Its Way!
Rethinking The Way We Think About What It Means To Get Older
America is getting older and Connecticut is growing grayer faster than almost every other state.
The first batch of baby boomers hit 65 in 2011, and Connecticut’s over-65 population is expected to grow by more than 64% by the time the last batch turns 65 in 2029. When they retire, here’s what we’re looking at: A smaller and less skilled pool of workers to replace them.
But don’t expect this new group of seniors to just retire all at once; they’ll be working longer, in part because they want to, but also to rebuild those nest eggs smashed during the recession.
They’ll also need to find ways to pay for a college education for their children, those costs are going up all the time. And they’ll need to find ways to care for their own aging parents who are living well into their 80s and beyond.
It seems like the whole idea of what it means to be “senior” or “elderly” or even “aging” is changing fast.
This effect has been called the “Silver Tsunami” and that’s our conversation today, Where We Live.
***This episode originally aired on February 13, 2013.***