3/25/2014 – California seniors have highest poverty rate, study finds

Mar 25, 2014 Comments Off by

California, with its high cost of living and health care, leads the nation in the percentage of older adults living in poverty, according to a 2013 report by the Kaiser Family Foundation. Twenty percent of California adults over age 65 live below the poverty threshold of about $16,000 annually, when taking into account the higher cost of housing and health care.

Read the full article at San Francisco Chronicle.

Financial Security 2014, Longevity News 2014

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