04.03.2012 - 21:46 [ Huffington Post ]

Millions Of Senior Citizens Can‘t Afford Basic Living Expenses: Study

The costs of living — basic expenses like food, housing, health care and transportation — are too much for millions of people aged 65 and older to bear, according to a study released Thursday examining the gaps between income and expenses for many older Americans. The report, from the nonprofit group Wider Opportunities for Women, is the first of a planned series that will examine the financial pressures affecting senior citizens.