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More alarmingly, Americans 75 and over have the highest rate of suicide of any age group. In fact, the rate for men in this group is almost twice as high than it is for males age 15 to 24.
The report notes that 11.2 million older adults spent over 30% of their income on housing in 2021, and only 36.5% of eligible households received federal housing assistance.
Seniors' level of vulnerability to this type of exploitation varies by the type of scam. For example, the AARP found that lottery fraud victims were more likely to be women over 70 living alone, with lower education, lower income, and less financial literacy, while victims of investment fraud were more likely to be men between the ages of 55 ...
Key takeaways If you’re a homeowner aged 62 or older, a reverse mortgage can help you obtain tax-free income, allowing you to stay in your home, pay bills, supplement your income and more.
About one-quarter of U.S. adults over age 50 say they expect to never retire and 70% are concerned about prices rising faster than their income, an AARP survey finds. About 1 in 4 have no ...
If you have not already done so, you may add your spouse/ partner to your existing AARP membership by contacting AARP at 888-687-2277. How do I get support for AARP? If you are having trouble activating your AARP membership please call 1-800-827-6364 for support.
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