Our seniors are struggling in America, there is an affordability crisis in America
This is Miss Ruby and she’s still forced to work as this age and physical state
But she’s not the only one, there is a horrifying growing trend for seniors in America
- A record 12.5 million senior households, more than 1 in 3 seniors, are “house poor,” spending over 30% of their income on housing
- 45% of Senior Households Can’t Cover Basics
- 80% Are Financially Vulnerable
- Nearly 12 million Americans aged 65+ are still working, the highest rate in decades
- Nearly 14 million seniors face food insecurity
- 58% of older renters are cost-burdened, spending over 30% of income on rent
Here’s the worst part. Low-income seniors die an average of 9 years earlier than high-income seniors
This can’t continue in America. We are going in the wrong direction