Their spending has been strong through the pandemic and inflation. But it doesn’t mean they’re not worried about the economy.
The price of a generator can range from hundreds to many thousands of dollars, putting them out of reach for the most vulnerable.
At Sun City Texas, where the median age is 73, seniors are kicking up their heels and patronizing a variety of nearby businesses.
Many older people have lower incomes and less time to pay off loans than younger counterparts, making lenders hesitant.
Social Security, Medicare prove key to helping two older women in San Francisco remain financially stable.
Some supplemental plans offer benefits that are related to health care, like access to meal delivery services or transportation to medical appointments.
There’s hasn’t been in increase in seniors in nursing homes, either.
One retiree earns a little extra with a shopping app.
At the root of the trend is a need for companionship and, in an expensive state, financial support.
The “accessory dwelling unit” is growing steadily in popularity, especially in expensive neighborhoods.
