UMass Boston

Category Financial insecurity

New Elder Index report measures gender disparities in late-life economic security

Older women, especially those living alone, continue to experience an elevated risk of economic insecurity, as detailed in a new report, “Late-life Gender Disparities in Economic Security,” from the Gerontology Institute at the University of Massachusetts Boston. The report uses… Continue Reading →

Report: Older people of color, especially those who live alone, most likely to struggle financially

New estimates based on the 2022 Elder IndexTM show that the risk of economic insecurity in later life is especially high for people of color. National averages suggest that among older people living alone, 43 percent of people who are… Continue Reading →

New Elder Index report finds high levels of economic insecurity among Massachusetts’ older residents

Massachusetts is home to the nation’s highest percentage of older adults living alone who are unable to afford basic necessities without extra assistance, according to new research from UMass Boston’s Gerontology Institute. Nearly three-fifths, or 57 percent, of adults age… Continue Reading →

Report: Most older Americans can’t afford a financial shock

A new analysis by the LeadingAge LTSS Center @UMass Boston and the National Council on Aging finds that 80 percent of older Americans—47 million—continue to be unable to sustain a financial shock such as needing to pay for long-term care… Continue Reading →

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