Social Security Is a Financial Lifeline

Posted on 03/1/2014 by | AARP Blog Author | Comments

©iStockphoto.com/Kameleon007

©Istockphoto.com/Kameleon007

Social Security keeps about 42 percent of West Virginians age 65 and older out of poverty, according to a new study from the AARP Public Policy Institute.

About 57 percent of West Virginians age 65 and older rely on Social Security for at least half of their family income—and nearly 29 percent rely on Social Security for 90 percent of their family income.

“With the costs of utilities, prescription drugs and groceries on the rise, many West Virginians are struggling daily to meet basic needs,” said Gaylene Miller, AARP state director. “And with the population aging, it is more important than ever to protect Social Security.”

To read the AARP report, go to aarp.org/bulletin.