Atlantic Philanthropies
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What We're Learning

Report: From Bad to Worse: Senior Economic Insecurity on the Rise

Demos and The Institute on Assets & Social Policy

28 July 2011

Many older people struggle just to make ends meet and are falling into poverty at a troubling rate, according to this report.

Using the Senior Financial Stability Index, the report found that economic insecurity among senior households increased by one-third to 36 per cent between 2004 to 2008, and that 50 per cent of the hardest hit senior populations in America - households of colour and senior single women – are unsure of how to finance even the most basic necessities.

It also proposes steps to improve the economic status of older people, including strengthening Social Security and supporting a strong Community Living Assistance Services and Supports programme to enable working adults to plan for future long-term care needs. 

Demos and The Institute on Assets & Social Policy at Brandeis University are Atlantic grantees. 

Tags:
ageing, aging, Demos, economic security, Social Security, The Institute on Assets & Social Policy at Brandeis University, United States

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