This article first appeared over the summer on The Conversation website. Marc Cohen is co-director of the LeadingAge LTSS Center @UMass Boston. Jane Tavares is a research fellow at the center.
By Marc Cohen and Jane Tavares
For Americans 60 and older, COVID-19 is widespread and deadly. Its economic impact could also be devastating.
With a recession fast developing, much of the attention on the downturn focuses on working-age adults, but many older Americans – with less time to make up for financial losses – will suffer the most.
I am a clinical professor of gerontology. My co-author is a research fellow in gerontology. We believe that recent history, specifically the Great Recession of 2008-09, will demonstrate what’s at stake. Continue reading