The Graying of America Of the total federal expenditures in 1995, Social Security together with Medicare(federally founded health program aimed at helping the elderly, founded in 1965) was the largest, accounting for about 34 percent. In 2005 this figure is predicted to be as high as 39 percent. This is caused by the 'graying' of America and the increased number of elderly who will collect benefits for a longer portion of their lives, coupled with a reduction of the …showed first 75 words of 985 total…

…showed last 75 words of 985 total…not be a way of life, but a second chance..' An institution which will grow significantly is 'The Assisted Living Industry', those who are to take care of the elderly in the future. This will happen particularly because of the ageing of the American population, the dramatic increase in number of persons age 85 or older, and continued increase in the number of people who live alone due to the longer life expectancy for woman.