(Roughly) Daily

Posts Tagged ‘My Generation

“The afternoon knows what the morning never suspected”*…

 

populationmap

Change in population aged 65 and older, 2010-2023. [Screenshot: ESRI]

 

We’re all getting older. It’s the one thing that every single person alive right now has in common. But we’re also getting older as a population, with Americans both living longer and having fewer children. Census projections show a major demographic shift already underway and accelerating in the years to come.

At the same time, populations are not aging evenly, and issues related to aging will impact individual communities in vastly different ways, boosting economic opportunity in some areas while putting a strain on social services in others.

For instance, real estate developers that invest in progressive senior housing projects now could benefit down the road as demand for modern facilities that cater to active seniors grows. Similarly, American tech companies will see opportunity in developing innovative high-tech solutions for senior care, such as health-monitoring devices, ride-share services aimed at seniors, and care-bots. (Take a look at how Japan has embraced high-tech solutions for its aging population for more on how that might play out in the United States.)

On the flip side, social safety nets are likely to face increasing financial challenges with the continued retirement of America’s Baby Boomers, the youngest of whom will reach 67 by 2031. As that happens, rural counties—where people on average rely on Social Security as a larger portion of their overall income—may disproportionately feel the economic effects of aging.

One way to sort out who will be most impacted by aging is to look at age demographics across the country and how they will change over time…

America is aging, but not evenly: “7 maps that tell the incredible story of aging in America.”

See also this essay by Don Norman, the 83 year-old dean of user-centered design (author of The Design of Everyday Things and a former VP at Apple): “I wrote the book on user-friendly design. What I see today horrifies me.”

* Robert Frost

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As we stand up to senescence, we might recall that it was on this date in 1965 that Peter Townsend wrote “My Generation”– inspired by the Queen Mother, who’d had his 1935 Packard hearse towed off a street in Belgravia because she was offended by the sight of it during her daily drive through the neighborhood.  The song was released as a single later that year and became first a hit, then an anthem.

 

Written by (Roughly) Daily

May 19, 2019 at 1:01 am