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Financially Vulnerable Older People – The Challenges

Search and Care’s Money Matters program (see brochure) strives to address the very issues that affect financially at-risk older people described in the article (quoted below), “The Financial Vulnerability of Older Adults” (Institute for Public Health).

“Many more live on the edge—one medical event or housing problem away from impoverishment. The most financially vulnerable include ethnic minority and immigrant older adults, those with a disability, and those in need of long-term care. And the financial security of the Baby Boomers is very precarious—one third of current workers aged 55 to 64 are like to be poor or near poor in retirement, given current savings rate.”

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