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In the 2010 Census, there were over 40 million people in the United States aged 65 or older.

That’s an amazing feat of medical progress, especially when you consider the fact that a little over a century ago, in 1900, there were only slightly more than 3 million people in that age range. Even more impressive – according to the Pew Research Center, 20 percent of the population in this country will be at least 65 years old by the year 2050.

If you are about to enter your Golden Years or have an aging parent or relative, this news is both a cause for celebration and trepidation. It’s fantastic that people are living longer, but frightening because that means a greater need for care and more money to pay for it.

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