The number of adults aged 65 and older will double to nearly 90 million people by 2050. Amid an already stretched health care infrastructure, plagued by rising costs and a shortage of skilled workers, the baby boom generation — the largest in history — is aging into the most demanding segment of consumers.
For decades, aging was a predictable process. People put in their time and retired at age 65. Many of them downsized or moved to retirement communities.