Somewhere between 19 and 47 million seniors in the United States are struggling financially, with up to 80% of older households considered to be economically insecure or at risk of falling into poverty. One in three seniors in the U.S. have incomes below 200% of the federal poverty level, which makes it incredibly difficult to meet their basic needs. And it seems like no one is really talking about it, even though it is impacting some of the most vulnerable people in society.
Unfortunately, many retirees and older individuals feel embarrassed or afraid to speak up about what they’re going through, so they never speak up. That said, here are five basic needs many seniors are struggling to afford (if they can manage them at all).
