Investing Blog Roundup: State-by-State Economic Insecurity Among Americans Age 65+
January 10, 2020
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This week I came across a recent study that looks at economic insecurity among older Americans. The paper discusses the typical amount of income necessary in each state for a person age 65+ (or a couple age 65+) to maintain independence and meet daily living costs while staying in their own homes (providing separate figures for renters, homeowners with a mortgage, and homeowners without a mortgage). Then it shows what percentage of people in each state in that age range are below that necessary income figure.
What struck me most was not so much the differences between states, but rather the differences between single people and couples.