2010 Election Issues: The Economy

Eye on the Issue The Economy

The economic downturn has hit seniors especially hard. Many have lost a significant portion of their , but unlike younger Americans, retirees have less time to make up substantial stock market and 401(k) account losses. Low interest rates mean low returns on interest-bearing accounts that many seniors rely on. The in many parts of the country is also causing difficulties for those seniors who need to tap the equity in their homes in order to fund their retirement. And, because of the economic crisis, more seniors are becoming . That's why AARP is fighting to make health care more affordable through , relief to Social Security recipients because they didn't receive a cost of living adjustment (COLA) this year, and and health benefits for older Americans struggling to make ends meet. Cancel You are leaving AARP.org and going to the website of our trusted provider. The provider’s terms, conditions and policies apply. Please return to AARP.org to learn more about other benefits. Your email address is now confirmed. You'll start receiving the latest news, benefits, events, and programs related to AARP's mission to empower people to choose how they live as they age. You can also by updating your account at anytime. You will be asked to register or log in. Cancel Offer Details Disclosures

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