Pew Report: Rising Poverty and Longer Work Lives Among Older Adults
As the population ages, an increasing number of older residents are working well past retirement age, often out of financial necessity rather than choice. A recent analysis from The Pew Charitable Trusts shows that the number of US households ages 65 and older grew by nearly 33 percent from 2013 to 2023, compared with just 6 percent growth in the overall population. This dramatic increase has implications for local governments, particularly as more older residents…