New Yorkers, especially older adults, are struggling with soaring costs and insufficient income, leading to tough decisions about essentials like food and healthcare. With one in five New Yorkers over the age of 65, the impact is significant, and as funding for services diminishes, the challenges escalate. Projections indicate a 25% increase in this demographic by 2040, further straining resources. Advocates call for the reversal of budget cuts to NYC Aging and greater community support to ensure older adults can thrive, highlighting the valuable contributions they make to society.
Living off of savings, pensions, and fixed incomes that can't account for increased costs, older adults face hard choices, especially as supportive funding has been drying up.
Reversing the $103 million budget cut from NYC Aging is essential for maintaining older adult centers crucial for community and health improvement.
Countless older adults in New York are providing invaluable services through volunteerism, yet hundreds of thousands struggle to make ends meet.
As the population over 65 is projected to grow by 25% by 2040, urgent action is needed to prevent more older New Yorkers from facing homelessness.
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