Financial well-being

The RRF Foundation for Aging recently released an issue brief, “Working Together to Achieve Economic Security in Later Life”, which is a first in a series of briefs highlight the foundation’s approach to grantmaking. The brief focuses on the innovative ways for older adults to achieve financial well-being and also as an invitation to others to partner with the foundation on these and other critical issues. The issue brief and social media sharing toolkit are linked to this page.

This report explores the factors that are associated with the financial well-being of older Americans. It looks at the association of financial well-being and a range of topics including employment and retirement; housing situation; debt; family and living arrangement; health-related experience; and financial knowledge, skill, and behavior. The findings indicate that, in general, financial well-being increases with age into the late seventies, then declines.