The Growing Poverty of Older Americans

The current economic turmoil is causing serious financial problems for many Americans, but perhaps none more so than the elderly. It’s critical for us all to understand the growing poverty of older Americans.

Millions of older Americans suffer from growing poverty.

The growing poverty of older Americans

More and more elderly Americans are not just missing out on the safe and secure retirement that was promised, millions are falling short on the basics:

  1. Food
  2. Clothing
  3. Shelter
  4. Medical Care

What makes matters even worse is that the number is growing. Now, headlines read millions, but in the near future, that may be tens of millions, as the chasm between the very rich and the rest of us grows ever greater.

According to Andy Tanner, renowned paper assets expert and successful business owner and investor known for his ability to teach key techniques for stock options investing, we are sitting on a “financial time bomb.”

More than ever, it’s critical for all of us to understand:

  1. What’s causing the problem.
  2. How serious it is.
  3. What we can do to protect ourselves.

We should all be able to “live in abundance,” instead of struggling to have enough to survive. The growing poverty of older Americans is a problem all of us must face and work to solve — before it’s too late.

Click here to hear more of Andy Tanner’s thoughts on the growing poverty of older Americans.

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