Low-Income Older Adults Struggling to Meet Basic Needs

Low-Income Older Adults Struggling to Meet Basic Needs

Low-Income Older Adults Struggling to Meet Basic Needs

The results from the AARP Closer Look June 2010 survey were released on Tuesday and the picture it paints was not a pretty one.  The survey looks into the affect the recession has had on low-income citizens over the age of 45 and who make less than $25,000.  It found that nearly 60 percent of those 45 and older making $25,000 or less are either “not at all” or “not too” confident that they will be able to afford medical and living expenses when they retire.  The survey found that only 36 percent of higher-income adults felt the same.

Additionally, 42 percent of lower income adults rated their health as “fair” or “poor,” while only 18 percent of those earning more than $25,000 per year felt the same way. 

However, the most insightful portion of the survey may have been that many of the low-income adults reported that they were having severe difficulties meeting even the most basic needs.  Respondents reported that paying for food, electricity, heat and water was becoming increasingly difficult as they continued to be without meaningful employment.

The survey also found that sower-income adults have cut back, but they are doing so on a much larger scale than most Americans.  The survey found that 40 percent of survey respondents had canceled or postponed needed healthcare or dental services in the past six months due to financial issues.  Twenty-three percent reported that they often skipped doses of medication, cut pills in half, or did not fill prescriptions as a way of keeping costs down.


Log in