Day by day greater than 10,000 individuals in the US flip 65. From 1969 to 2020, the portion of individuals over age 65 who have been poor fell dramatically—from greater than 1 in 4 (27.3%) in 1969 to fewer than 1 in 10 (8.9%) in 2020.* Nonetheless, from 2020 to 2021, the downward pattern reversed. The portion of older individuals dwelling in poverty elevated from 8.9% to 10.3%—a rise of virtually 1 million older individuals for a complete of shut to six million older people. Over the identical yr, the portion of older girls dwelling in poverty grew from 10.1% to shut to 11.6% representing to one-half million girls. [i]

Learn the total transient.

 

[i] U.S. Census Bureau, Present Inhabitants Survey (2022), Historic Poverty Tables: Folks and Households -1959 to 2021.   https://www.census.gov/information/tables/time-series/demo/income-poverty/historical-poverty-people.html

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