Older Americans are spending more and more on healthcare and housing

By Alex Tanzi
Published 2 Min Read

Bloomberg

Older Americans spent a growing share of their budgets on housing and healthcare in the decade through 2020, according to new data from the Social Security Administration.

That squeeze could get worse in the coming years, with some economists warning that prices in those areas — which haven’t so far risen as much as the overall inflation rate — may climb.

Alex Tanzi

For reprint and licensing requests for this article, click here.


More From Employee Benefit News

Sign Up Form

Login Modal Form