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How Many Older Adults End Up in Poverty?
Rising costs for food, housing, and medical care hit older Americans hardest.Credit: 020 Creative / Getty ImagesKey TakeawaysThe poverty rate among seniors has risen for five consecutive years, reaching 15.4% in 2025.Seniors now face the highest poverty rate of any age group, with 10 million affected.Rising medical costs and unstable employment contribute to financial insecurity for older adults.For many Americans, poverty is dropping. For older adults, though, it’s climbed every year since the pandemic.The supplemental poverty rate among seniors rose for the fifth year in a row, hitting…
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