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Affordable in home care | starts at $28 per hr

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Senior Poverty in Today’s Census Report by Kevin Prindiville

Here are three quick take-aways from our first look at today’s United States Census Income and Poverty report.

1. Women over 75 are at particular risk of poverty. According to the official poverty measure, 14.7% of women over age 75 live in poverty. This is nearly double the rate of men in this age group (7.6%). America’s oldest women also experience significantly higher poverty rates than women 65 to 75 (10.1%) years old. This data confirms what we already knew – that women are more likely than their male counterparts to be poor as they age. This is the result of a variety of economic and social policies that we have yet to address. This video provides a window into what life is like for older women struggling in poverty. Today’s data also demonstrates something else significant – that the older women grow, the more likely they are to be poor. This is an important reminder that any data that looks just at people 65 and over as a single, monolithic group will significantly undercount the challenges of poverty facing older adults that are in their 70s, 80s, 90s and beyond.

2. The Supplemental Poverty Measure continues to tell a very different story about senior poverty than the Official Poverty Measure. As in previous years, senior poverty is significantly higher when measured by the SPM. The SPM is recognized as a more accurate measure of poverty among older adults because, among other things, it includes out-of-pocket medical expenses. These expenses are generally high for older adults. This year’s data showed that 14.4% of seniors are living in poverty per the SPM versus 10% per the official poverty measure – a difference of more than 2 million lives. We must continue to push for measures that provide a more accurate reflection of the economic security needs of older adults.

3. Anti-poverty efforts, like Medicare and Medicaid, dramatically reduce senior poverty. This year, we celebrate the 50th anniversary of Medicare and Medicaid becoming the law (and the 80th anniversary of the enactment of Social Security). The Census report highlights a huge decrease in poverty from 1965 to 1975for Americans 65 and older, demonstrating the poverty-fighting impact of our federal health care programs. Work to ensure these programs to live up to their promise of lifting the poorest Americans out of poverty continues to require constant protection against cuts, along with concerted effort to keep these programs updated and working well for our seniors.

Today’s report confirms that the numbers of seniors living in poverty are growing and that the problem of senior poverty, particularly for women, is an urgent one. Rising levels of income inequality across all age groups will continue to push more and more older adults out of economic security and into a life of poverty. The good news is, we know what works for this population. Programs like Social Security, SSI, Medicare and Medicaid have helped alleviate the impacts of poverty for over 50 years. These programs reflect a promise to all Americans as part of the War on Poverty. We’ve made progress, but we haven’t won yet. And now is not the time to surrender.

Connie’s Comments:

I am hiring all bayarea caregivers for Motherhealth Inc (35 to 75 yrs of age). Training is available. 408-854-1883 motherhealth@gmail.com

Published by connie dello buono

Connie Dello Buono is based in Sunnyvale California. Her first ebook is about women's health, Birthing Ways Healing Ways and her recent one is about cancer prevention, Curated Healing Ways. She had helped women have holistic childbirth as childbirth educator, founded Motherhealth, to serve seniors in the bay area with holistic caregivers and blogs at www.clubalthea.com with more than 10,000 health and finance related posts. Connie trains her own caregivers, which are the favorites of most bay area seniors who are home bound and alone. She is active in the rehab and nursing facilities, volunteering on music and movement for seniors. She is a member of Lion's club and offered scholarships to students in the Philippines. She is active at churchinsunnyvale.us and has Fridays Bible home study in Sunnyvale using the recovery version of the Bible , free at biblesforamerica.us She loves dancing and teaching and her courses can be found at https://teachclub.com/@thriveafter60 She is California Life Insurance licensed providing life insurance for older adults with health issues and helping women retire safely with income for life. at menloassetca.com , she helps with 401k rollover. 3 Benefit plans - Mortgage protection using term life insurance to pay for mortgage balance in event of death - Final Expense plan using Single Issue Whole Life Insurance, with cash back, disability benefit and guaranteed in the presence of health issues - Fixed Index Annuity retirement plan for safe, accessibility, less fees, less taxes, avoids probate as it goes directly to beneficiaries, rate of return with no downside market participation. She brings compassion and understanding to the needs of her clients, bringing holistic approach in health and life insurance. Her goal is to free families from worries especially during covid with caregivers and life insurance in the presence of health issues, especially for women. She can be reached at 408-854-1883 , motherhealth@gmail.com

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