Problems of the Elderly Work and Retirement People are likely to enjoy retirement if it is voluntary, if one’s health is good and if some preparation has occurred. Poverty and Financial Problems The poverty rate among people over 65 years of age in the U.S. is slightly below that of people 18 to 64 years of age. Reasons for economic difficulty include: The elderly are more likely to be outside the workforce and some elderly worked at jobs for years with no retirement pension plan.
Problems of The Elderly Social Isolation Older people maintain relatively extensive contacts and involvements with friends and acquaintances. People in advanced old age or with serious physical ailments are most likely to suffer from social isolation. Domestic Violence Elders who are dependent on others for care face the potential problem of physical and psychological abuse. Health problems Almost half of people older than sixty-five years in the U.S. experience some limitations in the activities because of chronic illness.