Population Age 65 and Older Above Poverty but Below Elder Index
The Elder Index measures how much income a retired older adult requires to meet his or her basic needs. Basic needs do not include any “extras” such as vacations, entertainment, electronics, gifts, or meals out. As a result, those living below the income to meet their basic needs may be forced to make difficult choices among basic needs such as nutritious foods, prescription medications, or adequate heating or cooling. While some older adults live in poverty, many more struggle to meet basic needs.
The Elder Economic Security Standard™ Index (Elder Index) is maintained in partnership with the National Council on Aging (NCOA).