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Daily Archives: 30-July-2016
The front-end of the baby boomers began to turn 65 in 2011 and they will continue to turn 65 until 2029. I started to wonder how many boomers are turning 65 every day? The Social Security Administration estimates that 10,000 Americans are turning 65 every day (source). As I thought about, I should be able to estimate the number of people that are turning 65 every day by examining graphs of the US population and birth rate (Figure 1). It is a nice Fermi problem and the subject of this post. Continue reading