"The value of life can be measured by how many times your soul has been deeply stirred." Soichiro Honda
Adults 65 and older will soon outnumber children for the first time in America’s history, it has been revealed.
The US Census Bureau released new projections this year that showed the country’s changing – and aging – demographics.
By 2030 all baby boomers will be older than age 65 and one in every five Americans will be retirement age.
Living together is become more popular than marriage for young American couples, according to Census Bureau data. Fifteen percent of people in the 25-to-34 age group shared quarters with an unmarried partner this year, up from 12 percent in 2008.
Among those between 18 to 24, cohabitation is more prevalent today than marriage with 9 percent living with an unmarried partner versus 7 percent living with a spouse.
Since 2007, fertility rates have plummeted 18 percent in large cities, 16 percent in mid-sized counties, and 12 percent in rural areas.
As expected, the average age that women have their first child continues to climb – now at 24.5 years old in rural counties and 27.5 in metropolitan areas.
Numbering 71 million in 2016, Millennials in the United States are approaching Baby Boomers (74 million) in population and are projected to surpass them as the nation’s largest living adult generation in 2019. The Millennial generation, defined as Americans born from 1981 to 1996, corresponds to adults ages 22 to 37 in 2018.