Nursing Homes

Caring for Germany's Baby Boomers

ARCHIV - Mehrere ältere Personen sitzen am 31.05.2016 auf einer Parkbank im Schlosspark Pillnitz (Sachsen). Foto: Arno Burgi/dpa (zu dpa "Bericht: Geplante Angleichung der Ostrenten kostet 5,7 Milliarden" vom 21.07.2016) +++(c) dpa - Bildfunk+++
Germany's aging population means the business of providing care will boom over the next few decades.
  • Why it matters

    Why it matters

    Germany is the country with the largest population of people aged 65 and older in Europe.

  • Facts

    Facts

    • Germany will need up to 321,000 new nursing home beds by 2030.
    • More than 70 percent of people in need of care in Germany are cared for by family members.
    • Of the total of 13,000 nursing homes in Germany, more than half are run by independent non-profit organizations.
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    Audio

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People born during the baby boom of the 1950s and ’60s are already used to the phenomenon of there being too many of them where ever they go, whether it was in school as children, or today on the labor market as workers. And soon, there will be too many of them needing to be cared for in nursing homes.

With this demographic development, the country faces a looming shortage in nursing-home care. In fact in order to care for the baby-boomer generation, tens of billions of euros will need to be spent on the construction of new retirement homes between now and 2030.

In 14 years, Germany will require up to 321,000 new beds in nursing-care facilities, according to the projections in a 2015 nursing care report. By 2030, the construction of new retirement homes will require €80 billion ($88 billion) in investments, the forecasts say.

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