Illustration by David Cowles

Fast Company

Hold On To Your Savings, Senior Citizens Are Dying Poor


Retiring comfortably is no longer something we can count on. It’s not new information, but a recent study by the National Bureau of Economic Research really puts it into perspective:

More than 46% of senior citizens in the U.S. die with less than $10,000 in financial assets.

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  • Inspector Spacetime

    So, to derive that percentage, was the number of senior citizens driven to drill down assets to below 10,000, in order to qualify for Medicaid and its end-of-life/institutional living/home aid/hospice coverage, deducted beforehand?