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A million more seniors fell into poverty last year. It was the only age group that saw a rise. It's likely to get worse as inflation soars at the fastest pace in 40 years.
Elderly poverty rates by age and gender (graph) According to the Federation of American Scientists, women 80 and older had the highest poverty rate among all senior age groups in 2021 — 14.7%.
“A lot of seniors live close to the line, so it doesn’t take much to tip them over” into poverty, said Teresa Ghilarducci, an economist at the New School for Social Research.
From 1990 to 2018 the elderly poverty rate fell from 9.7% to 5.7%, a 41% reduction in the risk of falling into poverty in old age.
A new study shows many older New Yorkers are living in poverty and facing uncertain futures. ... At 63.6%, the Bronx reported the highest share of elderly adults with no income out of any borough.
The number of elderly folks living in poverty on Long Island spiked dramatically over the past decade — including by 78% in Nassau County, according to a new study.
A recent survey showed that 44.1 percent of single Japanese women aged 65 and older are living in poverty, much higher than the rate for single elderly men.
Seniors in the Philadelphia area are among the poorest in the nation, according to the latest study from Pew Charitable ...
Seniors account for 19% of the population in Nassau and 18% of residents in Suffolk, according to the study. The poverty rate among seniors in Nassau was reported at 5.5% and in Suffolk was 5.7%.
Hunger among the elderly is a growing concern and the Baker Senior Center Naple s is getting help addressing the need. The ...
Two million seniors in France live below the poverty line, warns a charity that works to alleviate isolation amongst the elderly. It pointed to a rise in poverty, particularly among older women ...
The number of elderly folks living in poverty on Long Island spiked dramatically over the past decade, as thousands say they are unable to make ends meet, according to a new study. Researchers ...