Retirement Statistics

Created by: Joseph Owen

I was reading an article on interesting retirement facts, when I ran into a statistics page about retirement.  Presented below will be a thorough list of intriguing retirement statistics.

• One of the 77 million baby boomers reaches 50 every seven seconds. That is around 11,960 people a day and 4 million a year.
• The age for retirement was set at 65 by Kaiser Willhelm in the late 1800's. It is now generally accepted among gerontologists that life expectancy may exceed 85 years-- and may, in fact, approach the biblical life span of 120.
• In 2001, 77 million Americans were 50 and older (comprising 28% of the population). By 2020 that segment will be 36% of the population.
• Nearly 6,000 Americans turn 65 every day, that figure will jump to 9,000 as the baby boomers age.
• Nearly 35 million Americans were 65 or older in year 2000.
• Consumers 65 and over make up 13% of the population but account for only 2% of the characters on prime-time TV.
• In the next 25 years, there will be over a million centenarians in this country.

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