Fact of the Day

 Policy Priorities 2016 report by the National Association of Area Agencies on Aging, draws attention to the plight of 48 percent of adults ages 75 to 84, and 54 percent of those 85 and older (2010 Census), who are one life or health event away from poverty.  Using the admittedly low-ball official poverty measure, over 25 million Americans aged 60+ are economically insecure-living at or below 250% of the federal poverty level (FPL) ($29,425 per year for a single person).

All things being equal, these figures mean that by 2030 the United States will have more older people living in poverty than the entire populations (30 million) of Australia and New Zealand combined.