Age Discrimination: Wealth Inequality
While older Americans hold large amounts of wealth as a group, older women and people of color are much more likely to be poor than older men and white people. This poverty impacts people’s health, ability to work, where they can afford to live, and more.
“Commentators often justify age discrimination with misleading statistics that purport to show older Americans hold most of the nation’s wealth. In fact, the crushing impact of wealth inequality is felt in this age group just like every other.”