Asked by Stacy

Why is economic issue a problem to the aging population?

Answers

Answered by Ms. Sue
Do most people in the "aging population" earn money from jobs? Where do they get their money?
Answered by Stacy
I think they get their money from social security and no, I don't think they earn money from jobs. How do I explain this as a problem? thanks
Answered by Ms. Sue
Many people in the "aging population" have a hard time making financial ends meet. The average monthly Social Security check is about $1,000. From that they must pay for medications, housing, utilities, food, clothing, taxes, and transportation. The sky-rocketing costs of health care, even with Medicare, means that some older people have to decide whether to eat properly or buy medications. Those people who live in their own homes often have trouble paying for maintenance and utilities.
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