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Global elderly population exploding: US report

The number of people globally aged 65 and over is expected to more than double by 2050 as the world's senior population continues to rocket, a US study says. The global population is aging at an unprecedented rate with 8.5 percent of people worldwide — or more than 600 million — now aged 65 and over, said the US Census Bureau report. If the trend continues nearly 17 percent of the global population, or 1.6 billion people, will be in the 65-and-over age bracket by 2050.