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Can Latinos in California Afford Old Age?

Published on Monday, 29 October 2012 15:40
Written by Super User
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By Bruce Chernof, M.D.

California is home to more than 14 million Latinos, who make up roughly 38% of the state’s population. In this community, caring for one’s elders is often a source of pride and a strong familial tradition. Yet a coming wave of need for services threatens the financial security of many Latinos in the state. Six of 10 Latino voters over the age of 40 say a close family member will likely need long-term care in the next five years, yet most do not know where they will turn for help, according to a new poll by The SCAN Foundation and the UCLA Center for Health Policy Research.

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AARP: Black and Latino Seniors Losing Homes at Twice the Rate of Peers

Published on Monday, 29 October 2012 15:49
Written by Super User
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July 19 2012 | Kai Wright

African American and Latino seniors are each nearly twice as likely as their white peers to be facing down foreclosure, according to an AARP poll released today. The racial disparity mirror that seen in other age groups.

AARP’s poll found that 1.5 million seniors have lost their homes. Another 3.5 million people over the age of 50—or 16 percent of homeowners in that age group—are underwater on their mortgages. The problem is most critical among homeowners who are older than 75; one in 30 in that age group are facing foreclosure, according to the poll.

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Recession Makes Latino Seniors Put Retirement on Hold

Published on Monday, 29 October 2012 15:46
Written by Super User
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Mundo Hispanico/New America Media , News Feature, Johanes Roselló, Posted: April 22, 2012

Photo above of Felipe and Noelia Gomez by Johanes Roselló.

ATLANTA, Ga.--Many of the Latino baby boomers born from 1946 through 1964 are moving into elder years without the possibility of retiring. For instance, Patricia Aristizábal started her business of promotional products two years ago.

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