With the recent news of the loss of the oldest man who was 113 when he died, attention is being paid to the fact that more people are living to 100 than ever before. By the middle of this century there will be approximately 6 million persons who are 100 or older. Indeed, the median age in developed countries to 50 and re-defines “middle age”.
The baby boom generation is certainly more focused on personal health than prior generations, there is more attention to diet and exercise, doctors are treating older individuals aggressively with advanced interventions, and genetics all play a role with living longer.
Japan will have the most centenarians in 2050 with 627,000 or 1% of their total population. Greece, Italy, Monaco, and Singapore will also have high numbers of those living to 100. The United States centenarians will increase from 75,000 to more than 600,000 by 2050. These are persons currently described as baby boomers and there will certainly be increased health care costs related to this demographic shift.
This demographic shift will have enormous impact across all sectors of life and across the globe.