Skip to content

Woman Welder

Increasing Financial Stability

Through bold, innovative solutions, AARP Foundation is working to:

  • Teach struggling jobseekers the skills they need to compete with confidence for today’s in-demand jobs.
  • Make it easier for low-income consumers to develop healthy eating habits on a budget (for example, encouraging them to purchase and eat more fresh produce).
  • Develop strategies to help make communities affordable, livable and healthy for everyone, regardless of age or physical ability.
  • Help older adults build savings to see them through financial challenges.

Helping Seniors Put Food on the Table

Helping Seniors Put Food on the Table

Older adults who face hunger are 50% more likely to have diabetes, 60% more likely to have congestive heart failure or a heart attack, and three times more likely to suffer from depression. Research shows that having access to and consuming nutritious food on a regular basis can help improve health, preventing or alleviating many diet-related diseases — which ultimately reduces health care costs and improves quality of life.

There’s a solution — and it’s a SNAP.

The Supplemental Nutrition Assistance Program (SNAP), formerly known as Food Stamps, can help prevent hunger by providing eligible adults and their families with financial assistance to purchase nutritious food.

Yet only 45% of eligible seniors participate in SNAP — the lowest participation rate of all demographic groups. The reasons for this include confusion about eligibility, stigmas around asking for help, and a burdensome application process. Read the full article

1140-foundation-our-work-income-fork-lift-operator

Key Skills and Potential Jobs for Low-Income Older Workers

Americans are living longer and working longer, and workers age 55 and older are the only age group to experience strong growth in labor force participation rates in the past two decades (Kalil et al. 2010). Therefore, employers filling jobs in the future may have to turn to older workers more often to meet their hiring needs. At the same time, low-income older workers’ skills may be less relevant as they age, and many of them may be stuck in low-skill jobs (Mikelson and Butrica, forthcoming). Therefore, both employers and older workers will benefit if more older workers develop the skills they need to work in the jobs that employers will need to fill in the future. Obtaining and retaining good jobs, however, can be difficult for many older workers because as the nature of jobs has changed, the education, training, and experience required for those jobs has also changed.

Occupational Projections for Low-Income Older Workers

Meeting the Essentials

Eating healthy on a budget

Eat Healthy on a Budget

Our approach is not just about providing meals or enough food. It's also about helping older adults learn about good nutrition and how to eat healthier on a limited budget.

Tax-Aide volunteers, group, AARP Foundation, Tax-Aide

Peace of Mind at Tax Time

AARP Foundation Tax-Aide is the largest free, volunteer-run tax assistance and preparation program in the U.S., with a special focus on low- to middle-income older adults.

Deana Butts has a second career a teleworker

Compete With Confidence

AARP Foundation's workforce programs equip low-income and unemployed older adults increase their financial stability and overcome existing or future challenges.

Resources