Strategic Action Planning Group on Aging: Initial Strategic Action Plan on Aging for Colorado
Colorado’s aging population is projected to grow at an unprecedented rate through 2030. This demographic shift is already reshaping Colorado, with its 65-and-over population growing 29 percent between 2010 and 2015 — the third fastest rate in the nation. This growth is forecast to continue with Colorado’s population aged 65 and over projected to rise by more than 508,000, an increase of 68 percent by 2030.
Previous studies have revealed that individuals tend to live healthier lives if they have the ability to remain in their current homes throughout the duration of their later years. Additionally, the customary American retirement home is becoming more costly and less desirable for many. Likewise, home retrofits may be very costly and not as effective as housing units that were originally planned with age friendly design decisions as a guiding principle. Colorado continues to be a desirable location for retirees, and working toward adequately meeting the demand is a priority.