Designing for the Life Span Segment 2Changes in Growth Rate Among the Elderly Population.
Average annual growth rate (in percent) of population 65+ from 1910 to the year 2050. With 30,000,000 elders alive from 1990, this population will expand rapidly 15 years into the future.
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The graphic in this slide depicts the percentage of population growth over the age of 65 in periods of 20 year segments - through to a projection of growth to 2050. The percentages are somewhat deceptive in that a 2% growth in this population just after the turn of the 20th century would be far less in numbers than the 1.3% growth in the period of time from 1990 to 2010. However, the so-called "baby-boomer" spike - the "age-wave" as Dr. Kenneth Dykwald has term it - shows up most clearly from 2010 to 2030. This period of time is fast approaching and is likely to have important and profound consequences on consumer markets, housing choices, leisure activities and all other aspects of life in American society.