Tag: cost of living
In a recent podcast, I talk with Laura D. Quinby of the Center for Retirement Research at Boston College (CRR) and Luc Schuster of Boston Indicators about their study Wealth Gaps in the Golden Years: Economic Insecurity for Older Adults in a High-Cost State. They examined economic insecurity for older adults in Massachusetts through both quantitative analysis carried out by…
Across the nation, many older adults struggle to make ends meet. The Elder Index, produced by the Gerontology Institute at UMass Boston, suggests that roughly one-third of older households have incomes below what it takes to meet basic needs and age in place. One question is whether living in a high-wealth, high-cost state such as…
