A study analyzing 2018–2022 data from the University of Michigan Health and Retirement Study by the National Council on Aging and the University of Massachusetts Boston's LeadingAge LTSS Center found that low-income people aged over 60 die an average of nine years earlier than high-income older Americans.
December 31, 2022
high
temporal
Quantifies an association between income level and mortality among older Americans using longitudinal survey data.
The National Council on Aging and the University of Massachusetts Boston's LeadingAge LTSS Center found, using 2018–2022 Health and Retirement Study data, that about 15% of seniors in households with annual incomes of roughly $60,000 died during the four-year study period compared with about 11% of seniors in households with annual incomes of around $120,000.
December 31, 2022
high
temporal
Four-year mortality rates by approximate household income brackets among older Americans.
A report by the National Council on Aging based on 2018–2022 data stated that about 80% of people aged over 60 have few or zero financial assets and would struggle to cope with a financial shock such as the loss of a spouse or the need for long-term care.
December 31, 2022
high
temporal
Prevalence of limited financial assets among older adults and vulnerability to financial shocks.