May is Older Americans Month, first designated so by President John F. Kennedy in 1963, when it was known as Senior Citizens Month.
According to the U.S. Census Bureau, there were 41.4 million people over the age of 65 on July 1, 2011, up from 40.3 million on April 1, 2010. In 2011, this group accounted for 13.3 percent of the total population.
The population of individuals over the age of 65 is expected to more than double by 2060, with 92 million or one in five Americans being in that age group. Of this figure, 18.2 million would be 85 years old or older. Only 2.4 million of these will be Baby Boomers.
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