The elderly population is growing rapidly
September 10, 2013
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SOURCE: U.S. Census Bureau, Historical National Intercensal Estimates and 2012 National Population Projections. Compiled by PGPF.

The U.S. population is getting older, due to the aging of the baby-boom generation (people born between 1946 and 1964) and increasing life expectancy. The aging of the population accounts for 54 percent of the projected growth in spending on the major health programs and Social Security through 2038.

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Related Charts:

Personal Savings, 1950-2011
International Saving Comparison, 2000-2010
The Aging of the U.S. Population
Economic Output, 2000-2022
Low-Income Seniors Rely on Social Security

Peter G. Peterson Foundation Chart Pack:

The PGPF chart pack illustrates that budget-making involves many competing priorities, limited resources, and complex issues. In this set of charts, we aim to frame the financial condition and fiscal outlook of the U.S. government within a broad economic, political, and demographic context.
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