About this event
*If you have any trouble accessing the replay of the event, please contact Sophia Tumolo, stumolo@nycfuture.org.
In today’s tough economic climate, financial stability feels out of reach for many New Yorkers, but for older adults–those 65 and older–living in the five boroughs, the situation is even more dire. The number of older adults living in poverty surged by 41 percent over the past decade, and today 18.4 percent of the city’s older adults live in poverty. Equally worrisome, many older New Yorkers appear to have no stable source of retirement income, with nearly one-in-five of the city’s older adults not reporting income from social security.
This forum focused on the alarming rise in poverty and financial insecurity among older adults across the five boroughs, and explored what city and state government leaders should do to address affordability concerns and enhance financial security for the city's large and growing older adult population. It dove into concrete policies, strategies, and investments that can be implemented to reverse the alarming rise in older adult poverty.
Speakers included:
This event was made possible thanks to generous support from AARP.
We are also grateful for general support from The Clark Foundation and the Altman Foundation, support from Fisher Brothers Foundation for CUF's Middle Class Jobs Project, and ongoing support from a number of other philanthropic funders.
Center for an Urban Future is a catalyst for smart and sustainable policies that reduce inequality, increase economic mobility, and grow the economy in NYC.