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Baby boomers will reach almost 40% of the US population by the year 2050 and consume...

Baby boomers will reach almost 40% of the US population by the year 2050 and consume a significant proportion of the US health care dollars.

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Ans) True

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The dependency ratio is a blunt instrument. Not everyone retires the day they turn 65; indeed, as lifespans lengthen (and pensions decline), more people are working later in life. But only up to a point: Plenty of people work past 65; few work past 85. It will be a while yet before baby boomers start turning 85, but more of them will get there than any previous generation. By 2050, more than 40 percent of the population will be at least 85 years old, more than double today’s figure ans thus the disparity will only grow in coming decades.

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