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Seniors Hit Hard by Rising Costs, Food Insecurity

Published 3 days, 9 hours ago
Description

Rising costs are pushing seniors into food insecurity, with a new study from the Calgary Food Bank revealing that 64% of older Calgarians are first-time users. Seniors are three times more likely to need help than the general population, due to limited savings and weak retirement income. The study, based on 736 surveys and 30 interviews, highlights the challenges faced by older adults, with one in six living with health issues or disabilities and 48% retiring due to them. Sixty-one percent of retirees carry debt, while 80% of those still working cant afford to retire, and 85% have no savings. The study serves as a wake-up call to support our elders before more slip through the cracks.

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