Answer: True - The percent of older adults in the United States has been steadily increasing. In fact, the percent of individuals over 65 in the U.S. has risen from less than 5 percent in 1900 to approximately 12.4 percent 2007, and is expected to reach 22.9 percent by the year 2050.
In 2006, over 2.2 million individuals in the United States celebrated their 65th birthday. In that same year, there were 73,674 persons aged 100 or more!
These changing demographics of the United States (as well as other places e.g. Europe, parts of Asia) will have dramatic effects on all facits of culture and society.
For more information about demographics in the United States, visit the Administration on Aging's Profile of Older Americans website.