Slide 4 of 14
Notes:
-- As a whole, older adults in the 21st Century are better off financially than ever before. Between 1965 and 1998, poverty among the aged dropped from 33% to 10%. Today 91% of the elderly receive Social Security compared to 69% in 1962. This improved status was due to many factors, particularly increases and cost of living adjustments to Social Security, and Medicare and Medicaid. Pockets of poverty continue to exist, especially among minority women; those women who have never married or been divorced are the worst off.
