Aging and the Macroeconomy: Long-Term Implications of an Older Population

This Congressionally mandated report from the Committee on Population and the Board on Mathematical Sciences and Their Applications describes a major demographic shift currently under way in the United States.  In the coming decades, people aged 65 and over will make up an increasingly large percentage of the population. The report finds that, while population aging does not pose an insurmountable challenge to the nation, it is imperative that sensible policies are implemented soon to allow companies and households to respond. It offers four practical approaches for preparing resources to support the future consumption of households and for adapting to the new economic landscape.  This report was sponsored by the U.S. Department of the Treasury.

Please see for the entire report.