Posts Tagged With ‘ low income ’

This is a fact of retirement life: older Americans haven’t paid as much into Medicare and Medicaid as government spends on their healthcare and nursing home stays. But it is middle-class retirees who get the most out of the system, according to a new study. Middle-income households receive about $230,000 to $260,000 more in Medicare and Medicaid benefits, on average, during their retirement years than the total amount they’ve paid in. Their contributions consist of the Medicare payroll and income taxes deducted from workers’ paychecks, the portion of their federal and state income taxes devoted... Continue Reading

San Francisco is caught in the vortex of two powerful forces: a fast-growing retiree population and rising rents. Residents over 60 are expected to make up a fourth of the city’s residents by 2030, according to this video project for The San Francisco Standard by Chris Chang, a student in the University of California, Berkeley’s graduate journalism school. And San Francisco rents, after collapsing during the pandemic as people left the city, are on the rise again. A one-bedroom apartment is going for $3,100 per month – second only to New York City – despite a rent control policy that limits... Continue Reading

People with disabilities have high rates of food insecurity because they earn less or can’t work at all. Add to that their unusually large expenses for health care and assistive equipment like wheelchairs and special computers. But the roots of food insecurity run deeper than just the financial constraints. Even middle-income people with disabilities are more food insecure, which the USDA defines as either deficiencies in nutrition or not having enough to eat. Part of the problem is where they tend to live, according to a new Urban Institute study. Counties with unusually large disability populations... Continue Reading