The Silver Tsunami: A Demographic Shift Paving the Way for Investors
Approximately 11,000 Americans turn 65 each day, totaling around 4.1 million by 2026. The U.S. Census Bureau projects that the 65+ population will reach about 73 million by 2030, driving significant demand for healthcare and related services.
Currently, over 61 million Americans are aged 65 or older, contributing to billions in annual revenue across healthcare, housing, and financial services. The U.S. long-term care market is expected to grow from $470 billion in 2024 to nearly $730 billion by 2030, with estimates that around 70% of adults will require assisted living care at some point in their lives.
Healthcare REITs, like Welltower Inc. (WELL), have already seen strong performance, with a 40% increase over the last year compared to 12% for the S&P 500. Additionally, healthcare-related companies are experiencing a surge in demand, supported by favorable valuations and high dividend yields, with Pfizer (PFE) currently offering a 6.7% dividend and being valued at a significant discount relative to the S&P 500.
