Reported 6 months ago
Despite a decrease in inflation for certain goods like energy and autos, retirees, particularly senior citizens, are still facing financial challenges as essential expenses such as housing, electricity, and healthcare continue to rise. Rising costs in healthcare, including inpatient and outpatient care, and home healthcare services are especially burdening seniors, who are unable to afford assisted living. The increasing expenses are significantly impacting seniors' finances.
Source: YAHOO