What effect does a burgeoning senior population have on the mPERS industry?
According to the Administration on Aging (AOA), the population of seniors aged 65+ numbered 50.9 (or 15.6% of the population) in 2017. By 2060, it is estimated that there will be 94.7 million seniors!
Older adults want to remain both independent and mobile, and they are interested in tools that help them maintain that freedom. AARP reports that 96% of people over age 65 prefer to live on their own for as long as possible. This aging in place offers numerous emotional benefits, as aging adults are able stay in familiar surroundings and in the community they love.
Below we have included an infographic containing some senior population statistics that relate to the mPERS industry. As an mPERS dealer, we hope you’ll gain more insight into your customers with these senior population statistics!
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