Eliminating old-age poverty

/Tag: Eliminating old-age poverty

Social Security helped slash elderly poverty in the US from 35% to under 10% in the 20th century.

Americans are increasingly struggling to save enough for their later years, but this wasn't always the case.  In 1959, more than a third of all elderly Americans lived in poverty. That number was slashed to under 10% by the late 1990s, and Social Security deserves a large share of the credit. However Social Security is just 15