Doing Without: Economic Insecurity and Older Americans
A new analysis of US Census Bureau data performed by Wider Opportunities for Women (WOW) finds that 52% of elder-only
households report incomes that do not cover basic, daily expenses. While the threat of economic insecurity affects elders of all backgrounds, it varies substantially by gender, race, age, household composition and other demographic characteristics. In order to assess the economic security of today's older adults, WOW compared 2010 incomes for elders who live alone or with a partner to the US Elder Economic Security Standard™ Index for their household compositions and housing statuses. The Doing Without series presents findings from this analysis.