{"id":10917,"date":"2026-10-11T14:12:58","date_gmt":"2026-10-11T18:12:58","guid":{"rendered":"https:\/\/kerryhannon.com\/?p=10917"},"modified":"2026-10-11T14:12:58","modified_gmt":"2026-10-11T18:12:58","slug":"the-poverty-rate-is-on-the-rise-for-older-americans","status":"publish","type":"post","link":"https:\/\/kerryhannon.com\/?p=10917","title":{"rendered":"The poverty rate is on the rise for older Americans"},"content":{"rendered":"
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More Americans are spending their golden years in poverty.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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According to the newly released US Census Bureau report on poverty<\/u><\/a>, household income reached a record high last year and the overall poverty rate fell.<\/p>\n

But the tale is the opposite for seniors.\u00a0Poverty among Americans age 65 and older rose for the fifth consecutive year and has jumped roughly 45% since 2019 \u2014 the highest rate of any age group, an AARP Foundation analysis found<\/u><\/a>.<\/p>\n

That translates to 10 million seniors living in poverty, up from 5.1 million seven years ago.<\/p>\n

“No other age group has seen that same pattern, and that should really stop us in our tracks. It’s alarming,” AARP Foundation president Claire Casey told Yahoo Finance.<\/p>\n

Read on Yahoo Finance<\/a><\/strong><\/em><\/p>\n