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Financial Security Of Elderly Americans At Risk Social Problems Essay

835 words - 4 pages

Current Aging/Older Adult Issues in society
Financial Security of Elderly Americans at Risk
“Where there is not community, trust, respect, ethical behavior are difficult for the young to learn and for the old to maintain.” (k, Robert 2014). The elderly has been suffering for a long time, without the youth having knowledge about this subject. As a youth, I would have never thought that the older adults struggle. They work all their life to struggle at the end, it just doesn’t make sense. It bothers me because I will get there one day, my parents, or my kids. Knowing this worries me because I don’t want to struggle, especially when I am older, which I will need more assistance than ever before. However, how would someone conquer assistance without any money or help from your families. It’s a nightmare; I can’t imagine what they’re going through. The elderly survive of social security, health insurance, or savings, which is not enough to survive in this society. Eight Hundred a month is not enough for rent, utilities, food, hospitals bills, insurance, or medicine. Now the real big issue is that there have been announcements that there will be changes to social security and Medicare, which will make the majority of seniors economically vulnerable. This means their they are trying to take away Medicare and social security from older adults. What are they suppose to live off, how does the future looks for our next generation of seniors?
The elderly population is increasing, day by day. In the article it states, nearly half (48.o percent) of the elderly population in the United States is “economically vulnerable” , defined as having an income that is less than two times the supplemental poverty threshold (a poverty line more comprehensive than the traditional federal poverty line). This equates to roughly 19.9 million economically vulnerable seniors. ( C, D 2015 ). The older adults are already not in a stable situation and now they want to take away Medicare and social security. What are they supposed to do, some seniors don’t have any family or friends to take care of them. Senior homes/ nursing homes, are expensive to stay in and with no income, there’s going to be a lot of homeless older adults. This situation is happening all over the world, there are not enough costs/ income to care for the elderly. Is It is sad to see the older adults struggle, they have committed their whole life to the united United states States by working all those years, and now...

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