People age 65 and older now outnumber children age 5 and younger worldwide for the first time in recorded history, according to a U.S. Census Bureau report. The Details: •    Population shift: The global population age 65 and older is projected to increase from 852 million in 2025 to 2 billion by 2060. •    Growth share: The increase in people age 65 and older would account for about 55% of net global population growth through 2060. •    Fertility change: In 2023, 71% of the global population lived in countries at or below the 2.1 births-per-woman replacement level, up from 45% in 2013. •    South Korea: South Korea is projected to be the oldest country by 2060, with 41% of its population age 65 or older. 03-SEP-2026 04:49 PM ET