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Project 2030 Update The Aging of Minnesota’s Population
Project 2030 Update The Aging of Minnesota’s Population
Project 2030 Update
Project 2030 Update
Minnesota’s Population by Age Group Percent Change: 1990 - 2000
Minnesota’s Population by Age Group Percent Change: 1990 - 2000
Minnesotans 65+ will more than double between 2000 and 2050, rising to
Minnesotans 65+ will more than double between 2000 and 2050, rising to
Minnesotans 65+ remain in the labor force at higher than expected
Minnesotans 65+ remain in the labor force at higher than expected
The Good News
The Good News
Minnesotans age 85+ will more than triple in the next 50 years
Minnesotans age 85+ will more than triple in the next 50 years
The number of Minnesotans 65+ living alone with more than double
The number of Minnesotans 65+ living alone with more than double
Families provide 95% of all care needed by older persons
Families provide 95% of all care needed by older persons
Family support will be reduced by 2030
Family support will be reduced by 2030
Caregiver ratios are already high in many counties, and will grow
Caregiver ratios are already high in many counties, and will grow
The “Not So Good” News
The “Not So Good” News
U.S. Personal Savings Rate 1930 - 2001 declines to record lows
U.S. Personal Savings Rate 1930 - 2001 declines to record lows
Percent of elderly* with sufficient income at normal retirement age to
Percent of elderly* with sufficient income at normal retirement age to
The Bad News
The Bad News
Project 2030 Update
Project 2030 Update
Project 2030 Update
Project 2030 Update
Project 2030 Update
Project 2030 Update
Project 2030 Update
Project 2030 Update
Project 2030 Update
Project 2030 Update
Project 2030 Update
Project 2030 Update
Outcomes in 2030
Outcomes in 2030

Презентация: «Project 2030 Update The Aging of Minnesotas Population». Автор: PWLAK71. Файл: «Project 2030 Update The Aging of Minnesotas Population.ppt». Размер zip-архива: 132 КБ.

Project 2030 Update The Aging of Minnesotas Population

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1 Project 2030 Update The Aging of Minnesota’s Population

Project 2030 Update The Aging of Minnesota’s Population

Implications for Action October 2002

2 Project 2030 Update

Project 2030 Update

Presentation Demographic realities Implications Action needed to meet challenges

3 Minnesota’s Population by Age Group Percent Change: 1990 - 2000

Minnesota’s Population by Age Group Percent Change: 1990 - 2000

4 Minnesotans 65+ will more than double between 2000 and 2050, rising to

Minnesotans 65+ will more than double between 2000 and 2050, rising to

1.6 million.

5 Minnesotans 65+ remain in the labor force at higher than expected

Minnesotans 65+ remain in the labor force at higher than expected

rates.

Source: 2000 projections and 2000 Census

6 The Good News

The Good News

1.3 million Minnesotans 65+ by 2030. Nearly 25% of the population. Largest untapped human resource in the state. Individuals are continuing to work in “retirement.” Vital Aging will be in vogue.

7 Minnesotans age 85+ will more than triple in the next 50 years

Minnesotans age 85+ will more than triple in the next 50 years

8 The number of Minnesotans 65+ living alone with more than double

The number of Minnesotans 65+ living alone with more than double

between 2000 and 2030.

9 Families provide 95% of all care needed by older persons

Families provide 95% of all care needed by older persons

One-third of boomers will not have children available.

Who provides care for frail older persons in 2000

10 Family support will be reduced by 2030

Family support will be reduced by 2030

Friends, neighbors and voluntary agencies must assume bigger role.

Who provides care for frail older persons in 2030?

11 Caregiver ratios are already high in many counties, and will grow

Caregiver ratios are already high in many counties, and will grow

higher.

Caregiver Ratio = number 85+/number females 45-64 (2000 Census)

12 The “Not So Good” News

The “Not So Good” News

165,000 Minnesotans 85+ in 2030. Increase to 315,000 by 2050. A large number of these people will need long-term care. Traditional sources of long-term care will be overwhelmed. Families and workers will be in short supply.

13 U.S. Personal Savings Rate 1930 - 2001 declines to record lows

U.S. Personal Savings Rate 1930 - 2001 declines to record lows

14 Percent of elderly* with sufficient income at normal retirement age to

Percent of elderly* with sufficient income at normal retirement age to

cover long-term care costs

*Figures are for Kansas

15 The Bad News

The Bad News

265,000 persons 65+ will be women living alone with few family and personal resources. Two-thirds of these women will not have adequate income to pay for health and long-term care costs.

16 Project 2030 Update

Project 2030 Update

Implications Smaller families will need help to care for older relatives. Large numbers of older persons without families available will need assistance with long-term care. Public sector will be overwhelmed. Other sectors will increase their role.

17 Project 2030 Update

Project 2030 Update

2030 Themes Maximize people’s ability to meet their own needs and age in place. Make all communities “age-friendly” through physical design, strong social connections and integrated services. Make creative use of aging population and invest in young people.

18 Project 2030 Update

Project 2030 Update

What can we do as individuals? Prepare for our own retirement and old age. Meet our obligations as caregivers. Support voluntary groups serving elderly (because public sector will be overwhelmed).

19 Project 2030 Update

Project 2030 Update

What can government do? Federal programs are essential foundations for income and health care for the elderly. Support informal networks of care and age-friendly communities. Maintain safety net for those with inadequate personal resources.

20 Project 2030 Update

Project 2030 Update

What can employers do? Promote flexibility in workplace to accommodate changing definitions of work and retirement. Review benefits in light of aging work force. Consider eldercare and employee-paid long-term care insurance.

21 Project 2030 Update

Project 2030 Update

What can voluntary agencies do? They will be called upon to be “family substitute” for many elderly. They are key to state’s leadership in social structures that work. Role must increase if public sector reduces benefits and eligibility.

22 Outcomes in 2030

Outcomes in 2030

Individual preparation Supportive communities Supportive employers Partnerships

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