Even the components of long-term care (LTC) planning that ought to be easy to predict can be surprisingly difficult to pin down.
Everyone who has ever taken an introductory economics class knows that trying to predict where interest rates will go is a game for people who are comfortable with being wrong most of the time.
Demographers consistently predicted that the United States would end up with more oldest old people than it actually had.
In 1996, for example, Census Bureau demographers used 1994 survey data to estimate that the United States was likely to have 5.969 million residents ages 85 and older in 2010, and that people in that age group would make up 2 percent of the population.
4. New Mexico
Total Population: 4,533,372.
Total Population: 308,745,538.