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Home Care and the Aging of America
As medical science advances and a greater health awareness permeates the nation’s consciousness, Americans continue to live longer, more fruitful lives. The longer life expectancy of today’s older Americans, combined with the frenetic schedules of their family and friends, has caused an exploding need for convenient, non-obtrusive home care assistance services.
In addition, Baby Boomers, the largest segment of the nation’s population, are rapidly approaching the age when professional home care is commonly needed. Also the wealthiest generation in American history, Baby Boomers have the resources to choose outsourced home care services.
U.S. Census Bureau 2000 Reports
• 35 million people in the United States are age 65 or older.
By 2011..
The Baby Boom Generation will consist of 25% of the U.S. population
By 2011...
The “baby boom” generation will begin to turn 65 and by 2030, 70 million Americans will be age 65 or older.
By 2030...
The Baby Boom Generation will consist of 70 million Americans
Other relevant facts:
Baby Boomer's control more than 80% of this
nation’s assets.
Virtually one half of the U.S. population has a
chronic condition.
Baby Boomer's assets exceed $7 trillion.
64% of older people living in a community and in need of long-term care depend on family and friends as their only source of help.
59% of the adult population either is or expects to be a family caregiver.
61% of “intense” family caregivers have suffered from depression.
As more and more people explore viable home care alternatives, more and more people are turning away from the institutional/facility model of care.
It is clear that we’re living longer, more productive lives than ever before. It is also clear that as we grow older, we value our independence and our comfort. Home care professionals find themselves in the unique position of being able to capitalize on a booming trend in our economy while, at the same time, being able to touch the lives of the clients they serve! As the statistics show, it’s a rare opportunity for Choose Home franchisees to realize their entrepreneurial dreams and help people in a meaningful way.
Click here to request more information about becoming a Choose Home franchise owner in your area.