What factors contribute to older individuals’ inability to afford food?

Wealth
One concern of the aging population relates to the finances of older individuals. Previously, seniors
were one of the largest populations in poverty. This issue was addressed through Old Age, Survivors,
and Disability Insurance (commonly referred to as Social Security), which
helped to decrease poverty
rates in older populations. Additionally, seniors that are eligible for Medicaid, Medicare, and Medicare
Part
However, seniors are still at risk of financial insecurity. Based on the readings of the articles below
address the following questions:
1. What is socioeconomic status (SES)?
2. How does SES impact the older populations?
3. Complete a general GOOGLE search (Include the link) Do not use WIKIPEDIA:
a. Define poverty
b. How many senior citizens (65 and older)
are in poverty?
4. What factors contribute to older individuals’ inability to afford food?
5. How can you use this information to assist in your preparation of aging and financial security?
a. What are some changes that you can make today to prepare financially for retirement?
List at least three (3)
1. For example, do you have a savings account?
6. What policy changes would you recommend to economically help senior citizens?
a. Policies can be related to Supplemental Nutrition Assistance Program (SNAP) also known
as food stamps, Medicaid, Old Age, Survivors, and Disability Insurance (Social Security),
retirement programs or you can identify an economic policy impacting the elderly.

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