According to Issues Online, the number of people today aged 60 and over has doubled since 1980. The number of people aged 80 years will almost quadruple to 395 million between now and 2050. Within the next five years, the number of adults aged 65 and over will outnumber children under the age of five. By 2050, these older adults will outnumber all children under the age of 14. The majority of older people live in low- or middle-income countries. By 2050, this number will have increased to 80%.