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Centre for Policy on Ageing | |
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| Estimating the proportion of Americans ever experiencing poverty during their elderly years | | Author(s) | Mark R Rank, Thomas A Hirschl |
| Journal title | The Journals of Gerontology Series B: Psychological Sciences and Social Sciences, vol 54B, no 4, July 1999 |
| Pages | pp S184-193 |
| Keywords | Poverty ; Life span ; Cross sectional surveys ; United States of America. |
| Annotation | This study estimates the age-specific and cumulative proportion of American adults who will experience poverty at some point during their old age. These life-span proportions represent a substantially different approach to understanding poverty than calculating either yearly cross-sectional rates or duration of poverty. Estimations are derived from a series of life tables from 25 years of data from the US Panel Study of Income Dynamics (PSID). Analyses indicate that 40% of older Americans will experience a year below the poverty line at some point between the ages of 60 and 90; and 48% of older Americans will experience poverty at the 125% level. The data revealed further that this life-span risk of poverty has remained relatively stable throughout the period of data collection (1968-1992). Finally, the likelihood of older Americans ever encountering a year below the poverty line increases dramatically for those who are black, not married, and/or who have less than 12 years of education. Despite perceptions to the contrary, the likelihood of impoverishment at some point in the later years of life remains a very real possibility. (RH). |
| Accession Number | CPA-991220210 A |
| Classmark | W6: BG6: 3KB: 7T |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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