Post by tigercpa on Feb 19, 2024 16:14:48 GMT
Back in the early 1900s, elderly poverty was fairly common, hence, the creation of social security.
Even so, before social security and medicare, people saved money, got by by living within their means, and having family and churches help out when needed.
Then, elderly poverty became rare. But now, it's making a comeback, as rising costs and shrinking benefits have squeezed many elderly citizens again.
The questions then become, what do we do about it now?
Even so, before social security and medicare, people saved money, got by by living within their means, and having family and churches help out when needed.
Then, elderly poverty became rare. But now, it's making a comeback, as rising costs and shrinking benefits have squeezed many elderly citizens again.
The questions then become, what do we do about it now?
