Almost 20%
Number who live at less tha
150% of Federal Poverty Level
(FPL)-millions are struggling to
meet their monthly expenses
though not considered poor
because they live above the
FPL, currently $10,400 for a
single older adult.

Since 2007 older adults had
already lost and average of 20% of the equity in their homes and increased their credit card debt by 50%

$2,000/$500
Ratio of emergency
expenditured to savings of
low-income families.

3.6 Million
The number of seniors age 65 and older live in underbanked or underbanked households
Some Additional Facts

$9,283
The average card debt, in 2012, among adults aged 65+.

1/3
Number of senior households that have no money left over each month or is in debt after meeting essential expenses

14.8%
Approximate number of older adults were food insecure in 2010

14%
Number of adults aged 65+ who face retirement with negative net worth