Population Projection: How Many Americans Will Be 65 or Older by 2030?

Question:

Answer:

To estimate the number of Americans who will be 65 or older by 2030, we can look at the projected population growth and the proportion of older adults in the population. According to the United States Census Bureau, the population is projected to be around 366 million in 2030. Based on current trends, it is estimated that around 20% of the population will be 65 or older by that time.

Using these numbers, we can calculate the approximate number of Americans who will be 65 or older by multiplying the projected population by the proportion of older adults:

Approximate number of Americans aged 65 or older by 2030 = 366 million × 0.20 = 73.2 million

So, by 2030, the 65 and older population is projected to be over 71 million (20%).