Nursing Home & Elder Business Week
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Aging Research
Report summarizes aging research study findings from University of East Anglia
November 15th, 2009
"In Britain, older people have lower average incomes and a higher risk of income poverty than the general population. Older pensioners are more likely to he in poverty than younger ones," investigators in Norwich, the United Kingdom report. "Yet certain indicators of their living standards suggest that older people experience less hardship than expected, given their incomes. A possible explanation is that older people convert: income into basic living standards at a higher rate than younger people, implying that as people age they need less income to achieve a given standard of living. Much existing evidence has been based on cross-sectional data and therefore may not...
Source: Nursing Home & Elder Business Week (2009-11-15)
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