Tag: aging
An estimated 5 million older Americans are victimized by financial and related abuse every year, and people living in nursing homes and assisted living facilities can be especially vulnerable. The federal Consumer Financial Protection Bureau (CFPB) says identifying financial exploitation is complicated by the fact that those perpetrating the fraud are often individuals the senior…
The brief’s key findings are: Over the past 25 years, the labor force participation of men age 60-74 jumped from 35 percent to 44 percent. At the same time, the educational levels of older workers increased dramatically in both absolute terms and relative to prime-age workers. Better educated workers are healthier and have more opportunities…
