Tag: Elder Index
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…
Half of older households fall below 200 percent of poverty. Recently, I was appointed to the Governor’s Council to Address Aging in Massachusetts. The Council has a broad mandate, but I’m an economist so I care about whether older people in Massachusetts have enough money. Apparently they do not: Massachusetts ranks among the worst in…
