WHAT AN IMPACTFUL STATEMENT!
By 2035 the number of seniors will swell to 22 - 24% of population.
And a high-growth scenario sees the number of Canadians swelling to 63.5 million.
The scenarios differ in their assumptions about future immigration levels, fertility rates and longevity. For planning purposes, the most sensible approach is to use the medium-growth scenario, which points to a national population of roughly 50 million a half century from now.
In all scenarios, the proportions of senior citizens within the population – defined as people aged 65 and over – edges higher. From 15.3 per cent today, the ranks of Canadian seniors will expand to comprise 22 to 24 per cent of the population by the early 2030s.
http://www.newsoptimist.ca/article/20141029/BATTLEFORD0304/310299999/0/battleford03
These are incredible numbers! With a population of 60 million people in Canada (2035) 24% will be drawing a pension. What else will they do differently?
- Buy fewer clothes
- Buy fewer houses
- Buy fewer Cars
- Livelonger off Pension Income
- Hold Houses Longer
There will be a spin off reduction in all things that are consumer based products as the seniors become more shut in.
So what are some solutions?
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