Poverty in Aging

608 Words3 Pages
As if aging in todays’ society was not difficult enough, imagine being old and having to face penury. Many people think that they will grow old to collect pensions and retirement, but this does not always seem to be the case. Arthur E. Morgan once said, “Preparation for old age should begin not later than ones teens. A life which is empty of purpose until 65 will not suddenly become filled on retirement.” What Morgan is trying to explain is that many people did not plan their future and/or they spend their savings to quickly. In addition, as people age, they start to lose more money, account balances are decreased, and people become impoverished. This paper will discuss the background history and causes of poverty, the impact of poverty on the environment, society, and individuals, and the solutions us as Americans can use to decrease poverty. Poverty is the state or condition of having little or no money, goods, or means of support. From doing research, poverty has been existent since before time. The main causes and contributing factors of poverty in African Americans ages 54-64...
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