Investing Blog Roundup: State-by-State Economic Insecurity Among Americans Age 65+

This week I came across a recent study that looks at economic insecurity among older Americans. The paper discusses the typical amount of income necessary in each state for a person age 65+ (or a couple age 65+) to maintain independence and meet daily living costs while staying in their own homes (providing separate figures for renters, homeowners with a mortgage, and homeowners without a mortgage). Then it shows what percentage of people in each state in that age range are below that necessary income figure.

What struck me most was not so much the differences between states, but rather the differences between single people and couples.

• Economic Insecurity and Older Americans Insecurity in the States 2019 (pdf) from Jan Mutchler, Yang Li, and Nidya Velasco Roldán

Other Recommended Reading

• Mr. Market Isn’t So Foolish, After All from John Rekenthaler
• 401(k)s Have Reached Their Expiration Date from John Rekenthaler
• If You Give a Mouse an EKG from Ishani Ganguli
• The Power of Focus in Your Financial Life from Jim Dahle
• How Do Your Financial Priorities Stack Up With Our Pyramid? from Christine Benz
• Lessons from the Century’s First Two Decades from Allan Roth
• Two Simple New Years Resolutions Worth Making from Michelle Singletary

Thanks for reading!