There Will Be A Billion Senior Citizens In The World By 2020

Gathering at the North Haverhill Senior centre

Photo: Michael Brendan Dougherty for Business Insider

The United Nations Population Fund (UNFPA) and HelpAge International have released a fact-finding report on ageing, Ageing in the 21st Century, today. And some of the findings were quite notable:

  • The population of people over 60 years of age will reach 1 billion within the decade
  • 80 per cent of world’s older people will live in developing countries by 2050
  • The over 60 population will be larger than the under 15 population in 2050

In 1994, UNFPA highlighted longer life expectancy as one of its goals. While the organisation is happy with the progress, they also noted that societies face new challenges today:

While the trend of ageing societies is a cause for celebration, it also presents huge challenges as it requires completely new approaches to health care, retirement, living arrangements and intergenerational relations.

People everywhere must age with dignity and security.

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