The 'Forgotten Middle' group might face difficulties affording necessary housing and care.
AdvertisementA crisis is ballooning for middle Americans of retirement age.
”They focused on the potentially bleak financial futures of what they term the "Forgotten Middle."
AdvertisementThat “Forgotten Middle” group is only expected to get bigger and more diverse.
A University of Southern California and Columbia University analysis found that homeownership rates for lower-income “Forgotten Middle” Americans have fallen by 31% from 1994 to 2018.
Persons:
—, ” Sarah Rayel, they’re, ” Rayel, There’s, Sen, John Hickenlooper, won’t
Organizations:
Service, University of Chicago, Health, University of Michigan, Medicaid, University of Southern, Columbia University, Consumer Finances, National Council, Aging, AARP, Democrat, Savings
Locations:
NORC, University of Southern California, Colorado