Elderly Americans face financial struggles

01/7/2013 | Governing

Many aging Americans are unprepared financially for retirement and are struggling with basic expenses such as shelter, food and medicine. Many have nowhere to turn for help. "We have 10,000 people turning 65 every day," said Zach Hudson, a police officer in Florida who helped start the Seniors Intervention Group. "And the fastest-growing segment of homeless are among the elderly. Can you imagine being 85 and homeless?"

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