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Articles related to focusing on healthy aging, prevention, mobility, cognition, nutrition, independence, and caregiving support.

3 min

What happens if an elderly person runs out of money?

According to a 2025 analysis, a rising number of older Americans are living below the poverty line, forcing many to confront a difficult reality. When this happens, a senior's retirement income sources are exhausted, forcing them to rely on limited income streams or public assistance to cover essential costs. The consequences of a financially depleted retirement can include losing one's home, moving to a low-income or Medicaid-funded facility, or living in poverty. Navigating the options requires careful planning and understanding of the available resources.

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4 min

What do elderly people spend the most money on? A deep dive into senior finances

According to the U.S. Bureau of Labor Statistics, housing remains the largest annual expenditure for households headed by a person aged 65 and older. For those approaching or already in retirement, understanding the major costs is vital for long-term financial security and for answering the question, what do elderly people spend the most money on? This guide provides an authoritative look at the primary financial commitments seniors face.

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