Calculated Risk: U.S. Population Distribution by Age, 1950 through 2050
calculatedriskblog.com
calculatedriskblog.com
The graph is constantly making the baby boom look less and less of a factor, but that is mostly because immigration is bringing in people at all age brackets, not because so many baby boomers are dying off.
What is scary is that for the first 5 to 10 years immigrants, especially illegal ones, are a net drain on social services. Depending on the country they come from they do, eventually become net contributors ((taxes from them - government overhead) - outflow to them) > 0, but not to long after that they become retirees draining SS, medicare, etc... The value that immigrants provide is usually through their children - possessing good social and technical skills after years of North American education.
How many of you have been driven in a taxi by a Pakistani (in Toronto, anyway) Licensed doctor or electrician?
Where do you get your data from?
http://www.nytimes.com/2005/04/05/business/05immigration.htm...
Many more anti-immigrant myths debunked here:
http://dneiwert.blogspot.com/2008/03/immigration-irrationali...
I can't imagine that a lot of professions will allow someone to continue working past that age. I'm a software developer, and I figure -- right or wrong -- that by that age I might not be able to keep up. (Or maybe the industry would 'shove me out' for younger blood?)
Am I just completely wrong here?
Health care expenses will always be higher when you're close to death. When life expectancy is 75 years, that's from ~ age 60-75 (15 yrs, 20% of lifetime). But when life expectancy is 120, the expensive-age window should also slide out to 105-120 (15 yrs, 12.5% of lifetime) or to 96-120 (24 yrs, 20% of lifetime).
Actually we can't tell how different phases of people's lifetime (especially productive time) will scale as people live longer, but there's no reason to believe the article's statement either.