The population of America is getting older. This, you have heard before, but you may have gotten a skewed version of the story. Many times we have been told that the reason for the rising population is demographic, the baby-boom becoming a senior-boom, but those in the know (the US Census Bureau and the Population Reference Bureau) say otherwise. The number of Americans over the age of 65 will rise rapidly for the next fifteen years or so, but there will be no corresponding fall. The number will continue to rise at least through 2050 which is as far as the Census Bureau is currently publishing a projection, and even in the percentage of Americans over 65, there will be only a tiny pullback, and that not until the 2040s.
The conclusion to draw here is that irrespective of your own age, industries that serve the needs of older Americans will continue to expand throughout your investing life, making them excellent waters in which to fish for those giant buy-and-hold monster stocks that can change your life.
Remember to treat these ideas as just that, ideas, and do your own research before making any investment decision.