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How to Address the Financial Well-Being of Older Adults Who Are Struggling

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Many Americans are finding it harder than ever to make ends meet, especially as the cost of living rises.

The Consumer Financial Protection Bureau (CFPB), recognizes that older adults, particularly those of color, have experienced physical, social, and financial effects of the COVID-19 pandemic at a greater rate than the rest of the population. 

In this two-part webinar series, NCOA, the CFPB, and other economic experts will examine how to better understand, reach, and serve older adults with incomes “above but near” the poverty line who often report worse financial struggles than older adults with incomes below the poverty line before and after the pandemic.

Part 1 will focus on insights and the impact of a more modernized approach to measuring income adequacy, and building the capacity of the aging services network to reach the communities most impacted by poverty as they age.  

Speakers:

Moderator: Vivian Nava-Schellinger, Director, Community Partnerships & Network Activation, NCOA

Introduction: Ramsey Alwin, President and CEO, NCOA and Deborah Royster, Assistant Director, Office for Older Americans, CFPB

Panelists:

  • Latrice Williams, Director of Membership and Communications, Grantmakers in Aging
  • Hector Ortiz, Senior Policy Analyst, CFPB
  • Jan Mutchler, PhD., Director, Gerontology Institute, Center for Social and Demographic Research on Aging, McCormack Graduate School
  • Anne Posner, Program Officer, RRF Foundation for Aging 

 

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