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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 ...
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.
Between 2001 and 2022, suicide rates actually increased significantly for men and women over 55, while it declined for those age 15 to 34. Making sense of the statistics
The percentage was 30% for those aged 50–64, but above 60% for those 18–49. [115] This view runs contrary to the Social Security Trustees Reports, which indicate that since payroll taxes are dedicated to the program by law, even without reform Social Security will pay about 75% of promised benefits after the Trust Fund is exhausted in the ...
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.
However, during the 2003 debate over the Medicare prescription drug benefit, the Alliance broke with AARP and publicly criticized AARP's leaders for being out of touch with seniors and caving in to financial incentives (AARP offers a number of health insurance products, some of which might have suffered had a more generous prescription drug ...
A Place for Mom, which focuses on senior care, said in an August 2021 report that the median monthly cost of senior independent living in the United States is $2,552.
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