Living longer on less: The new economic (in)security of seniors in Massachusetts
Friday, March 27, 2009 - 10:18
in Mathematics & Economics
The New Economic (In)Security of Seniors, issued today by the Institute on Assets and Social Policy (IASP) at Brandeis University finds that Massachusetts seniors face widespread financial insecurity. Almost 7 in 10 senior households in Massachusetts lack sufficient resources for long-term economic security, according to the study. Economic risk is especially pronounced for single senior households -with 82 percent among them facing financial insecurity.