The Aging Boom Is Here: Are We Ready?

Every day in America, more than 11,000 people turn 65. That’s one person every 8 seconds. By 2030, all Baby Boomers will be over the age of 65, marking a historic demographic shift we’ve never seen before. We’re entering what experts have coined the “Silver Tsunami”—a rapid aging of our population with wide-reaching impacts on families, communities, healthcare systems, and the economy.

Yet, one alarming truth remains - most people still don’t have a plan.

By the Numbers

Here are some facts that should make us all think:

• More than 70% of adults over 65 will require some form of long-term care during their lifetime. (U.S. Department of Health & Human Services)

• Only about 1 in 3 Americans aged 50+ have done any planning for how they'll receive and pay for care as they age. (AARP)

• The average annual cost of assisted living in the U.S. is over $54,000, while a private room in a nursing home exceeds $108,000 per year. (Genworth Cost of Care Survey)

• Nearly 90% of adults say they want to age in place, but most homes are not equipped to support them safely and independently. (AARP Home & Community Preferences Survey)

Even with these numbers, many families wait until a crisis hits—a fall, a hospitalization, or sudden cognitive decline—before trying to piece together a plan. By then, choices are limited, emotions are high, and costs are often greater.

So… Are We Ready?

As a society? Probably not.

As individuals and families? Not yet.

But that’s where Your Aging Navigator steps in.

Support matters at every step. At Your Aging Navigator, we help you plan for what’s next.

What We Do (So You Don’t Have to Do It Alone)

Your Aging Navigator is a Sioux Falls–based consultancy that helps individuals and families proactively plan for aging—or navigate the chaos when it’s already at their door.

Whether you're looking out for yourself, your parents, or someone you love, we walk with you through the options and decisions that can feel overwhelming. We work with trusted professionals to create a plan that’s personalized and practical.

At Your Aging Navigator, we help bring clarity to complexity—walking alongside families to offer perspective, peace of mind, and a plan when they need it most.

It’s never too early—or too late—to start planning. If you’re part of the aging boom, or love someone who is, let’s talk. Because when it comes to growing older, you shouldn’t have to figure it out alone.