The possibility of experiencing positive, vital aging lasting into our tenth decade of life is one of the new realities of the 21st century. While there are reasons for optimism, we need to remember there are millions of Americans for whom old age is a time of hardship. According to Americans today, the importance of chronological age alone is a less important indicator of old age than a number of other factors. Thirty-two percent said a decline in mental functioning is the key marker of old age. Only 14 percent said reaching a specific age is an important indicator of old age.
Chronological age appears to be less important than health or wealth.
In fact, younger Americans like the idea of expanding assistance to older Americans. Aging Experiences Have Improved in 25 Years Older people today are less worried than they were 25 years ago about a number of personal concerns, such as crime, finances, and their health. Twenty-one percent cited poor health as a very serious problem, compared to 12 percent today. However, younger people today overstate the problems of older people. But just 12 percent of those 65 and older said not having enough money is a very serious problem for them personally.