Editors Note: This article was originally posted in May 2014 and has been updated for accuracy and comprehensiveness.
By the year 2060, the Administration on Aging estimates the 65 and older population will over double from 46 million in 2016 to 98 million seniors by the year 2060. That means in 2060, 1 in 4 Americans will be 65 years or older and 85% of the total U.S. population will be dependent on the remaining 15%. In 2050, the senior popluation will be the most diverse it has ever been. According to the Alzheimer's Association, the number of seniors living with Alzheimer's and other dementias is expected to rise from 9 million in 2016 to 16 million by 2060.