Older Adults Have The Highest Poverty Rate

Home & FamilyBettman/Corbis In a new report released today from the AARP Public Policy Institute finds that under the experimental poverty measure, older Americans have the highest rates of poverty among three key age groups. Get this: the report even understates the number of older Americans in poverty, because the current official poverty measure, does not take into account the higher health care expenditures of people over 65. The report shows us that the current official poverty measure is leaving nearly half …