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The Silver Tsunami

Virtually everyone has heard of the silver tsunami in America, the notion that America’s population of senior citizens is surging.  There are many implications associated with a rapidly growing older population, including for healthcare, government finances, and housing.  According to Harvard University’s Joint Center for Housing Studies, the number of households with people age 80 or over jumped 71 percent from 4.4 million in 1990 to 7.5 million in 2016. 

Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants. Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes. Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.