Single older people in Massachusetts are more likely to face economic insecurity than their peers in any other state, according to a new UMass Boston report.
The study estimates that 61.7% of state residents older than 65 and living alone do not have enough income to cover basic expenses such as housing, food, health care, transportation, clothing, and household supplies.
“It’s sobering,” said study author Jan Mutchler, a professor and director of the Center for Social and Demographic Research on Aging at UMass Boston.
Although older Massachusetts residents tend to have higher incomes than elderly people in many other parts of the country, “these numbers suggest there are a lot of older people who are struggling financially,” Mutchler said.
As the state’s population continues to age, Mutchler expects the trend to continue, with major consequences for the well-being of older residents and their families. In some cases, adapting to economic pressures may mean that elderly people move in with family members, look to senior housing, or seek assistance from nonprofit or government programs….
This article was sourced from WBUR.