Older Americans have been most impacted by the current economic slump and its implications need to be dealt with, experts have said.
The researchers revealed, during a symposium at The Gerontological Society of America's (GSA) 61st Annual Scientific Meeting, that the financial crisis had set worrying trends for the aged Americans that showed its affect on their retirement accounts.
Depression - Types, Causes, Symptoms, Diagnosis, Treatment
Depression is one of the most common mental disorders affecting approximately 340 million people in the world. No one is immune from depression - it occurs in people of all social classes, all countries and all cultural settings.
Depression is one of the most common mental disorders affecting approximately 340 million people in the world. No one is immune from depression - it occurs in people of all social classes, all countries and all cultural settings.
"Older Americans have little time to recoup the values of their homes, 401(k) plans, and individual retirement accounts - all important parts of their retirement nest eggs. More and more older Americans are working to bolster their retirement incomes, but the rising unemployment rate, now 6.5 percent, limits their prospects."
Peter G. Peterson Foundation Vice President C. Eugene Steuerle, PhD, another speaker at the symposium, which was an outreach of GSA's public policy initiative session, confirmed the extent to which the situation had spread.
Economic Crisis Has Serious Implications on an Average American's Health
Today, medical care is so expensive in America that the drop in medical spending is already well underway.
Today, medical care is so expensive in America that the drop in medical spending is already well underway.
Source-ANI
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Socio-economic Factors Influence Life Expectancy
A new report by the Alameda County Public Health department titled “Life and Death from Unnatural Causes in Alameda County," has indicated the relationship between environment
A new report by the Alameda County Public Health department titled “Life and Death from Unnatural Causes in Alameda County," has indicated the relationship between environment
US Economic Crisis Takes Toll on Mental Health
The murder suicide of a Los Angeles financial manager who shot dead five members of his family before shooting himself has highlighted the psychological toll of the economic meltdown.
The murder suicide of a Los Angeles financial manager who shot dead five members of his family before shooting himself has highlighted the psychological toll of the economic meltdown.
