The first wave of Boomers are turning 65. Boomers have very different expectations from their parents’ generation in terms of work, housing, activities and the services they desire. This “age wave” has major implications for the United States, Minnesota and Dakota County.
Every day, about 10,000 Boomers will turn 65. This trend will continue for the next 20 years. The Minnesota State Demographic Center projects that by 2030, there will be more people age 65 and older in Minnesota than elementary, middle and high school combined. By 2030, about 1 in 4 residents of Minnesota will be age 65 or older. According to a report from the University of Minnesota School of Public Health, an estimated 28 percent of Minnesota Boomers won’t have sufficient resources to cover their retirement expenses.
An aging County
- In 2010, 39,816 people were age 65 and older.
- From 2010 to 2020, the number of people age 65 and older in Dakota County is projected to nearly double.
- From 2010 to 2030, the number of people age 65 and older in Dakota County is projected by the Minnesota Department of Human Services to more than triple.
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