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White House Conference on Aging Archives - JUSTICE IN AGING

What You (And the WHCOA) Missed Last Week

By | BLOG, HOMEPAGE, SENIOR POVERTY
If you were out of the office last week enjoying the Holidays and ringing in the New Year you may have missed two important news items.

The first, an Atlantic article, projects a shocking rise in senior poverty between now and 2050. Renowned economist, Teresa Ghilarducci from the New School for Social Research, used current rates of senior poverty to determine that unless we take action now to strengthen our country’s retirement system, 25 million elderly Americans will be poor in 2050. That’s more people than the entire populations of Florida, New York, and 46 other states (only California and Texas currently have more than 25 million people living in them).

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