After a slew of pandemic-induced aid ran its course, older Americans are falling back into poverty — and even younger would-be retirees are struggling.
After the Great Recession, the trendline for older Americans had been improving, and 2020 pandemic relief measures helped buttress the aging population from falling into poverty in the wake of Covid.
New census data shows that now, the poverty rate has increased the most for Americans 65 and older, after adjusting for things like tax credits and government programs. The share of all Americans living below that adjusted poverty measure grew from 9.1% in 2020 to 13.1% in 2025. For Americans 65…
