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Updated: Jul 12, 2026

08:47
Oral Health Assessment by Lay Personnel for Older Adults
Published on: February 2, 2020
Summary
The economic status of the elderly improved significantly since 1967, largely due to increased Social Security benefits. However, their financial standing relative to the nonelderly peaked in 1984 and declined by 1992.
Area of Science:
- Economics
- Gerontology
- Social Policy
Background:
- The financial well-being of the elderly is a critical aspect of social gerontology.
- Understanding income trends among different age groups is essential for policy-making.
- Historical data provides context for current economic disparities.
Purpose of the Study:
- To analyze the money incomes of elderly and nonelderly populations.
- To assess changes in the economic status of the elderly from 1967 to 1992.
- To compare the income of the elderly relative to other age groups over time.
Main Methods:
- Analysis of longitudinal income data for elderly and nonelderly individuals.
- Calculation of real median incomes and income ratios between age groups.
- Examination of detailed age cohorts within the elderly and nonelderly populations.
Main Results:
- The economic status of the elderly in 1992 was substantially better than in 1967.
- Real median income for the elderly increased from 1967 to 1989, then declined by 1992.
- The elderly-to-nonelderly income ratio improved since 1967 but decreased from its 1984 peak by 1992.
Conclusions:
- Increased Social Security benefits significantly boosted elderly incomes since 1967.
- While elderly economic status improved overall, recent trends show a relative decline.
- Policy interventions may be needed to sustain and improve the economic security of the elderly.
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