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The right time to move forward The Baby Boomer era is moving from a statistical projection to our new reality, with needs that will impact multiple aspects of local government over the next several decades. Nationally, each day 10,000 Baby Boomers turn 65 and Baby Boomers are different from the seniors of today. Initiatives focused on stable workforce, accessibility, affordable housing and responsive community services are essential to keeping them active, engaged and contributing to their communities and to the economy. They also require new approaches and better use of technology. By 2030, the percentage of adults ages 65 and older is statistically equal to the percentage school -aged children (ages 5 -17) in Cabarrus County —each accounting for 17 percent of the population. This is a slow but steady projected shift in our population with a substantial impact on future Board decisions. It's important for the County to look forward and consider ways to balance the needs of the two populations through effective operations and resource allocation. The plan addresses meeting those needs with services and programs that are currently utilized, evaluating those programs and make adjustments for maximum effectiveness, and identifying the potential for new or updated programming. If we plan and begin to act now with a focus on prevention and awareness over the first five years, by 2020, we hope to position Cabarrus County as having a more informed public, improved access to services and housing, a healthier and more active aging population, safer communities, and better prevention of abuse and exploitation of older adults. Understanding the Baby Boomer population According to the 2010 U.S. Census, the total population of Cabarrus County was 178,011 with 20,085 (11 percent) ages 65 and older. By the year 2030, the total Cabarrus County population is projected as 236,177 with 40,653 (17 percent) ages 65 or older. According to the Pew Research Center, beginning January 1, 2011 the oldest Baby Boomer turned 65, with roughly 10,000 crossing that threshold each day. The trend will continue through 2030, when the last of the Baby Boomers turn 65. At that time, 18 percent of the nation will be at least that age -- a percentage that nearly equals projections for Cabarrus County. As our population ages, research also indicates life expectancy is on the rise. According to the Social Security Administration, life expectancy at age 65 in 2014 is projected as 18 years for men and 20.1 years for women. In 2030, life expectancy at age 65 will be 19.2 years for men and 21.1 years for women. Not only will the Baby Boomer generation age in unprecedented numbers and live longer, they will do so with vastly different attitudes, faiths, experiences, preferences, cultures and lifestyle choices. 3.17.14 DRAFT Cabarrus County Aging Strategic Plan 2 1 -2 Page 79