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Aging Baby Boomers Open Up New Career Paths

The Boston Globe, 4/14/09

Abstract:

It takes a lot of birthday cake to fit 104 candles.

But one lucky resident at Woodbridge Assisted Living in Peabody recently celebrated this milestone. And according to resident life director Debbie Salamone, more and more seniors there seem to be celebrating their centennial birthday – and beyond.

She’s right: statistics show that one in every 26 of today’s baby boomers will live to be 100. These older adults – and baby boom “youngsters” in their 60s through 90s – will require specialized goods and services tailored to the needs of aging Americans. In particular, community and residential care facilities for the elderly represent one of the nation’s fastest growing industries, with eldercare work expected to grow by 30 percent to 2014...

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