Senior Financial Exploitation
While the elderly population in the United States has grown steadily during the past century, the rate of growth of people over the age of 65 has accelerated since 2011. This is the year when the oldest baby boomers first turned 65. Over the next 40 years, the number of older adults in the U.S. is expected to increase from 56 million in 2020 to 94.7 million in 2060. The number of adults over the age of 85 is expected to almost triple, from 6.7 million to 19 million over that same time period.
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