Dramatically higher percentages of Black, Latino and Asian older adults live on incomes that don’t meet their cost of living, even with Social Security, according to research by Jan Mutchler, PhD of UMass-Boston’s Gerontology Institute.
The article highlighting the disparities in economic insecurity among older adults is posted on the UMass Gerontology Institute blog and “The Conversation,” a non-profit independent online news organization.
Mutchler lists a series of data points and factors that drive the disparities, including that inequities are passed on to younger generations only to be extended.
The article also points out the variation in economic insecurity between single Black and white seniors by state. Mutchler’s research finds that disparity is 26 percentage points in both Mississippi and South Carolina, 29 in Rhode Island, and 39 in Washington, D.C. Between single Latino and white seniors, the disparity was 32 percentage points in both Texas and Massachusetts. The states with the highest disparities tend to have disproportionately high levels of economic insecurity among people of color, rather than unusually low levels of economic insecurity among their white counterparts, according to the article.