80% of Older Americans Say Their Standard of Living Has Worsened

80% of Older Americans Say Their Standard of Living Has Worsened

One of the most frequent questions that TSCL receives in our meetings with Members of Congress and from news outlets is “How has inflation impacted older households?”  To find out, we posed the following question to over 1,429 survey participants last year in TSCL’s 2022 Retirement Survey. We asked:

Which of the following statements most closely describes your standard of living from the start of the COVID-19 pandemic in March of 2020 through the present in 2022?

Here’s how you answered:

 

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