CNBC Feature – There aren’t enough nursing-home beds to meet demand
Monday, 7 Dec 2015 | 9:00 AM ET
Do you think you will never be a resident in a nursing home? You’re probably right — but just not for the reasons you may be thinking.
The fact is, as baby boomers approach retirement age, there will be less and less nursing-home space available.
Here are some points you may want to ponder: The Census Bureau reported that in 2006, there were 78.6 million boomers in the U.S. Many of them will turn 70 by 2020. By 2030, about 20 percent of the nation’s population will be 65 and over. That compares with 13 percent right now.