Aging Americans Will Outnumber Kids by 2035

The U.S. Census Bureau forecasts that the older American adult population will exceed children by nearly 2 million in 2035, growing almost 5 million to 78 million by 2035, reports Bloomberg . This means members of the baby boom generation, whose average age is 65 and over, will outnumber younger generations for the first time. Children's growth rate is expected to be slower. This transition is in the developing stages for the United States, while the trend is already well underway in other countries, particularly Japan and some European nations.