adults

Half of Single Older Adults in U.S. Lack Income to Pay for Basic Needs

UMass Boston Research Finds Nearly One-Third Live “In the Gap” Between Poverty, Economic Security
Press Release – updated: Nov 19, 2019 09:00 EST

BOSTON, November 19, 2019 (Newswire.com) – Researchers tracking the economic security of America’s older adults have found that half who live alone and nearly a quarter of those living in two-person households where both are age 65 or older are unable to afford basic necessities without extra assistance. The 2019 Elder IndexTM and a companion report, Insecurity in the States 2019, calculates the elder economic “insecurity rate” both nationally and on a state-by-state basis. The new index data and report were produced by the Gerontology Institute at the UMass Boston’s McCormack Graduate School.
Among the states, Massachusetts leads the nation with the highest level of economic insecurity for older adults living alone. Seven of the top 10 states in that economic insecurity category, including New York and New Jersey, were located in the Northeast. They’re joined by Mississippi, Louisiana, and California.
The index estimates the cost to adults age 65 and older for food, housing, healthcare, and transportation in every county in the U.S. Researchers match income data with index results to determine state and national rates of elder economic insecurity.
On average across the country, 18.2 percent of older adults living alone have income below the Federal Poverty Level. Another 32.1 percent live “in the gap,” with income that exceeds the poverty line but falls short of covering their actual cost of living.
“Making ends meet is a daily challenge for many older adults, especially those who live alone,” said Jan Mutchler, director of the Gerontology Institute’s Center for Social and Demographic Research on Aging. “The elder index provides an important reality check – a realistic measure of the actual cost of a no-frills lifestyle for elders living independently.”
Findings include:
*  National averages suggest 50 percent of older adults living alone and 23 percent of elder couples have annual incomes below the Elder Index.
*  Nationwide, 32 percent of single elders and 18 percent of couples fall into the gap between the Federal Poverty Level and the income required for realistic economic security.
* At least 40 percent of elder adults in every state are at-risk of being unable to afford basic needs and age in their own homes.
*  More than half of older adults living below the Elder Index rely on Social Security for at least 90 percent of their incomes.
The elder index calculated a realistic national average annual cost of living of $25,416 for renting elder singles and $36,204 for elder couples.
Overall, the state with the lowest Elder Economic Insecurity Rate was Nevada, followed by Alaska and Utah. See complete state rankings.
The Elder Index is a free online resource available for anyone to look up customized information about the cost of elder living in any county, state, or the country. It can be found at a new location: www.elderindex.org.
Contact:Steven Syre(617) 365-0116steven.syre@umb.edu
Source: UMass Boston Gerontology Institute

Half of Single Older Adults in U.S. Lack Income to Pay for Basic Needs

UMass Boston Research Finds Nearly One-Third Live “In the Gap” Between Poverty, Economic Security
Press Release – updated: Nov 19, 2019 09:00 EST

BOSTON, November 19, 2019 (Newswire.com) – Researchers tracking the economic security of America’s older adults have found that half who live alone and nearly a quarter of those living in two-person households where both are age 65 or older are unable to afford basic necessities without extra assistance. The 2019 Elder IndexTM and a companion report, Insecurity in the States 2019, calculates the elder economic “insecurity rate” both nationally and on a state-by-state basis. The new index data and report were produced by the Gerontology Institute at the UMass Boston’s McCormack Graduate School.
Among the states, Massachusetts leads the nation with the highest level of economic insecurity for older adults living alone. Seven of the top 10 states in that economic insecurity category, including New York and New Jersey, were located in the Northeast. They’re joined by Mississippi, Louisiana, and California.
The index estimates the cost to adults age 65 and older for food, housing, healthcare, and transportation in every county in the U.S. Researchers match income data with index results to determine state and national rates of elder economic insecurity.
On average across the country, 18.2 percent of older adults living alone have income below the Federal Poverty Level. Another 32.1 percent live “in the gap,” with income that exceeds the poverty line but falls short of covering their actual cost of living.
“Making ends meet is a daily challenge for many older adults, especially those who live alone,” said Jan Mutchler, director of the Gerontology Institute’s Center for Social and Demographic Research on Aging. “The elder index provides an important reality check – a realistic measure of the actual cost of a no-frills lifestyle for elders living independently.”
Findings include:
*  National averages suggest 50 percent of older adults living alone and 23 percent of elder couples have annual incomes below the Elder Index.
*  Nationwide, 32 percent of single elders and 18 percent of couples fall into the gap between the Federal Poverty Level and the income required for realistic economic security.
* At least 40 percent of elder adults in every state are at-risk of being unable to afford basic needs and age in their own homes.
*  More than half of older adults living below the Elder Index rely on Social Security for at least 90 percent of their incomes.
The elder index calculated a realistic national average annual cost of living of $25,416 for renting elder singles and $36,204 for elder couples.
Overall, the state with the lowest Elder Economic Insecurity Rate was Nevada, followed by Alaska and Utah. See complete state rankings.
The Elder Index is a free online resource available for anyone to look up customized information about the cost of elder living in any county, state, or the country. It can be found at a new location: www.elderindex.org.
Contact:Steven Syre(617) 365-0116steven.syre@umb.edu
Source: UMass Boston Gerontology Institute

Half of Single Older Adults in U.S. Lack Income to Pay for Basic Needs

UMass Boston Research Finds Nearly One-Third Live “In the Gap” Between Poverty, Economic Security
Press Release – updated: Nov 19, 2019 09:00 EST

BOSTON, November 19, 2019 (Newswire.com) – Researchers tracking the economic security of America’s older adults have found that half who live alone and nearly a quarter of those living in two-person households where both are age 65 or older are unable to afford basic necessities without extra assistance. The 2019 Elder IndexTM and a companion report, Insecurity in the States 2019, calculates the elder economic “insecurity rate” both nationally and on a state-by-state basis. The new index data and report were produced by the Gerontology Institute at the UMass Boston’s McCormack Graduate School.
Among the states, Massachusetts leads the nation with the highest level of economic insecurity for older adults living alone. Seven of the top 10 states in that economic insecurity category, including New York and New Jersey, were located in the Northeast. They’re joined by Mississippi, Louisiana, and California.
The index estimates the cost to adults age 65 and older for food, housing, healthcare, and transportation in every county in the U.S. Researchers match income data with index results to determine state and national rates of elder economic insecurity.
On average across the country, 18.2 percent of older adults living alone have income below the Federal Poverty Level. Another 32.1 percent live “in the gap,” with income that exceeds the poverty line but falls short of covering their actual cost of living.
“Making ends meet is a daily challenge for many older adults, especially those who live alone,” said Jan Mutchler, director of the Gerontology Institute’s Center for Social and Demographic Research on Aging. “The elder index provides an important reality check – a realistic measure of the actual cost of a no-frills lifestyle for elders living independently.”
Findings include:
*  National averages suggest 50 percent of older adults living alone and 23 percent of elder couples have annual incomes below the Elder Index.
*  Nationwide, 32 percent of single elders and 18 percent of couples fall into the gap between the Federal Poverty Level and the income required for realistic economic security.
* At least 40 percent of elder adults in every state are at-risk of being unable to afford basic needs and age in their own homes.
*  More than half of older adults living below the Elder Index rely on Social Security for at least 90 percent of their incomes.
The elder index calculated a realistic national average annual cost of living of $25,416 for renting elder singles and $36,204 for elder couples.
Overall, the state with the lowest Elder Economic Insecurity Rate was Nevada, followed by Alaska and Utah. See complete state rankings.
The Elder Index is a free online resource available for anyone to look up customized information about the cost of elder living in any county, state, or the country. It can be found at a new location: www.elderindex.org.
Contact:Steven Syre(617) 365-0116steven.syre@umb.edu
Source: UMass Boston Gerontology Institute

BATTERY NOT INCLUDED: The New K9 From SWAGTRON Is A Kick Scooter For Adults

The SWAGTRON K9 is a kick scooter for adults.

Built for big kids, the K9 features height adjustable handlebars designed to fit riders up to 6 foot, 5 inches and a maximum rider weight of 220 pounds.

DENVER (PRWEB) November 01, 2019
SWAGTRON, a brand known for its affordable electric scooters, ditches the motor and battery in favor of human power in its latest offering. The K9 is a non-powered kick scooter for grown-ups, designed to be lightweight, durable and portable.
Built for big kids, the SWAGTRON K9 features height adjustable handlebars designed to fit riders up to 6 foot, 5 inches and a maximum rider weight of 220 pounds.
With an 8-inch rear wheel and oversized 9.8-inch front wheel rolling on precision ABEC-9 bearings, the K9 adult kick scooter is built to cover some serious ground, uneven as it may be.
It features a quick-fold one-finger trigger and at only 12.7 pounds, is the most portable in SWAGTRON’s lineup.
The SWAGTRON K9 kick scooter for adults retails for $110 and is available for an introductory price of $99.99 at SWAGTRON.com, Amazon and other fine retailers.
K9 FEATURS + SPECS
Aluminum frame
Quick-folding one-finger design
Adjustable handlebar height
9.8-inch front wheel / 8-inch rear wheel
Brakes: Rear friction/heel
Max rider weight: 220 pounds
Product weight: 14.4 pounds
Color: Black
MSRP: $110 ($99.99 introductory)
GET SOCIAL: @SwagtronUSA on Facebook and Twitter, @SwagtronOfficial on Instagram
ABOUT SWAGTRONSWAGTRON is the industry leader in light electric vehicles, having evolved as the forefront brand in its category. SWAGTRON was celebrated for being one of the first brands of electric rideables on the scene to offer UL certification for electrical and charging safety. SWAGTRON continues to expand and improve its line of innovative rideable products to make micro mobility solutions accessible to everyone. Learn more at Swagtron.com.
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Media Contact: Don Stefanovich | DonS@Zake.com

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