Published on 2 Apr 2024 on Insider Monkey via Yahoo Finance
15 Best Places to Retire in Illinois
This article takes a look at the 15 best places to retire in Illinois. If you wish to skip our detailed analysis on navigating retirement living in the US, you may go to 5 Best Places to Retire in Illinois.
America and the Senior Citizen: A Troubled Story?
According to the Pew Research Center, America currently houses 62 million senior citizens who account for 18% of the country’s total population. Projections indicate an upward trajectory, with senior citizen numbers projected to reach 84 million by 2054, constituting 23% of the population. In fact, it’s not just senior citizens as a whole that are witnessing growth, but the centenarian population within this group is also on an upward trend. United States Census numbers depict a mere 2,300 Americans aged 100 and above in 1950. This has now grown to 101,000 in 2024 and is expected to quadruple to 422,000 by 2054. With senior citizens accounting for such a large portion of America’s population, what relationship does the country hold with this significant section of its citizens?