A recent national survey of women aged 25+ revealed growing stress regarding retirement and health care costs later in life. The National Council on Aging (NCOA) reports there is bipartisan support among women for new federal policy solutions to strengthen Medicare and the Supplemental Security Income (SSI) program.
The survey shows that half of American women are worried about how they plan for retirement and how they will deal with future healthcare costs. The concern is particularly high among women of moderate to low income. Fewer women believe they are financially secure. High on their list of worries are future access to health care and food insecurity issues.
The impact of inflation and higher housing costs has made lower-income women less confident about their future success in retirement and later life.
Council of Seniors Works to Enhance Social Security
Additional retirement income is needed across the board for seniors. That’s why here at Council of Seniors, we’re fully committed to getting Congress to pass The SAVE Benefits Act. This legislation is vital because the annual Social Security cost-of-living adjustment (COLA) withheld the amount of $581 from seniors. If this bill passes, that money will be returned.
Signing our petition is the best way to start helping. Your support can make a real difference in returning this money to seniors.
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