O for Older

“The fastest-growing segment of the total population is the oldest old—those 80 and over.”

AdultDayServices2One of the perks of getting older is that some stuff gets cheaper. For the US, here’s a list of Senior Discounts for Restaurants. Last year’s Best List Of Senior Discounts For 2014, I assume, is still largely still valid.

And one doesn’t have to wait to be a sexagenarian to cash in. 50 Is the New 65 for Earning ‘Senior’ Discounts. I happen to think that’s crazy. Census figures note that the average age of Americans moved from 37.2 in 2010 to 37.6 in 2013. If anything, businesses might consider RAISING the threshold for the discounts. I’m going to still USE these age-driven perks, mind you.

At the same time, the baby boomers are rejecting any suggestion that they are getting older. Sixty is the new forty, and so forth.

Now demographers have new strata for the old:

The “Young Old” 65-74
“The first wave of aging Baby Boomers reached full retirement age in 2011. For the next 20 years, 74 million Boomers will retire.”

The “Old” 74-84

The “Oldest-Old” 85+
“The fastest-growing segment of the total population is the oldest old—those 80 and over. Their growth rate is twice that of those 65 and over and almost 4-times that for the total population. In the United States, this group now represents 10% of the older population and will more than triple from 5.7 million in 2010 to over 19 million by 2050.”

I’m curious whether older people in other countries receive such perks.

ABC Wednesday – Round 16

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