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10.22.2014
SAGE In the News


The Bay Area Reporter
October 16, 2014
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August 12, 2014
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July 24, 2014
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November 15, 2013
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July 10, 2013
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May 15, 2013
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March 20, 2013
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March 12, 2013
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January 5, 2013
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October 16, 2014

Political Notes: Retirement costs worry LGBT seniors, says report

The Bay Area Reporter
By Matthew S. Bajko

A new report has detailed that LGBT seniors are worried they will be unable to afford their retirement years.

The report, "Out and Visible: The Experiences and Attitudes of Lesbian, Gay, Bisexual and Transgender (LGBT) Older Adults, Ages 45-75," found that 42 percent of LGBT older people are "very or extremely concerned" that they will outlive the money they have saved for retirement. Among heterosexuals, only 25 percent share such a concern, noted the report.

The study also found that 44 percent of LGBT older people are "very or extremely concerned" that they will have to work well beyond retirement age in order to have enough money to live on, as compared to the 26 percent of non-LGBT people who hold a similar concern.

Released October 6 by Services and Advocacy for GLBT Elders, or SAGE for short, the report's findings are based on a national survey of 1,857 LGBT people and 519 non-LGBT people, conducted in March by the Harris Poll on behalf of SAGE.

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Kira Garcia
Director of Media Relations & Integrated Marketing
212-741-2247 x237
kgarcia@sageusa.org

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