When I'm 64?
April 3, 2012 3:29 PM Subscribe
What happens to elderly people in the United States who have run out of retirement savings, can't work, and aren't getting enough from Social Security to cover their living expenses?
posted by El Sabor Asiatico to society & culture (22 answers total) 17 users marked this as a favorite
For the sake of argument, let's say that this elderly person has no job, no savings, and can't get a job because of an illness that keeps them from getting most jobs, but doesn't qualify for disability money. Despite the illness, though, and barring a fatal illness, they are likely to live for at least another decade. Basically, I'm trying to imagine a scenario where a senior has zero prospects for earning sufficient living income for the remainder of their life.
Is there a safety net in U.S. society for someone in this position? What resources are available to them to allow them to survive?