In 1970, average life expectancy at birth in the U.S. was 71 years. In 2014, it is 79 years; and by 2050, the U.S. Census Bureau projects that average life expectancy will be 84 years.
Today, according to the National Institute on Aging, there are over 40 million people in the U.S. aged 65 or older, accounting for about 13% of the total population. In 1900, there were just 3.1 million 65 or older Americans, or about 4.1% of the population.
The vast majority of baby boomers — those born between 1946 and 1964 — are on a quest to improve their odds of living longer than previous generations. They not only want to live longer, they want to live healthily, happily and more financially secure than ever before.
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