1. 1 A nonprofit service and advocacy organization © 2014 National Council on Aging Alleviating Elder Economic Insecurity: Resources for Communities January 9, 2014

2. 2 A nonprofit service and advocacy organization © 2014 National Council on Aging Today we will… Increase awareness of financial challenges facing older adults and solutions Learn about comprehensive economic casework Gain familiarity with EconomicCheckUp, a tool that can empower low-income seniors to assess their needs and seek assistance

3. 3 A nonprofit service and advocacy organization © 2014 National Council on Aging NCOA’s Mission and Social Impact Goals 2020 Objectives:  Improve the health and economic well- being of 10 million older adults.  Make comprehensive, person-centered economic assistance and evidence- based self-management integral parts of programs, services, and policies for older adults in the U.S. Our mission is to improve the lives of millions of older adults, especially those who are vulnerable and disadvantaged.

4. 4 A nonprofit service and advocacy organization © 2014 National Council on Aging Cost of Making Ends Meet: WOW’s Elder Index Wider Opportunities for Women: www.wowonline.org or www.basiceconomicsecurity.orgwww.wowonline.orgwww.basiceconomicsecurity.org

5. 5 A nonprofit service and advocacy organization © 2014 National Council on Aging Economic Distress: Debt, Unemployment, Foreclosure, Bankruptcy Consumers aged 65+ carry $10,235 in average card debt. Older adults are the most likely to be unemployed for 99 weeks or longer. Older adult foreclosure rates (on forward and reverse mortgages) are highest among those aged 75+. Baby Boomers accounted for 42% of all bankruptcy filings in 2007. Filings increased 61% from 2002 to 2007.

6. 6 A nonprofit service and advocacy organization © 2014 National Council on Aging A Grandmother's Story in Baltimore

7. 7 A nonprofit service and advocacy organization © 2014 National Council on Aging COORDINATION OF EXISTING PUBLIC & PRIVATE RESOURCES Jobs & Community Service Health & Wellness Finances LegalHousing Aging Network Services Public Benefits Consumer Protections New Economic Security Approach: Empower & Assist Seniors to Navigate Resources

8. 8 A nonprofit service and advocacy organization © 2014 National Council on Aging Economic Security Initiative $250/month or $3,000/year Average increase in income and/or decrease in budget expenses experienced by clients

9. 9 A nonprofit service and advocacy organization © 2014 National Council on Aging Economic Security Casework Implementation Toolkit Step 1: Take the Readiness AssessmentTake the Readiness Assessment – Find out if your organization has the capacity and willingness to implement the program successfully. Step 2: Download the Implementation GuideDownload the Implementation Guide – Get step-by-step instructions on how to set up a program. Step 3: Explore the ClearinghouseExplore the Clearinghouse – Find additional program resources, including templates and tools that other organizations have used effectively.

10. 10 A nonprofit service and advocacy organization © 2014 National Council on Aging EconomicCheckUp ®

11. 11 A nonprofit service and advocacy organization © 2014 National Council on Aging Link Directly to Resources

12. 12 A nonprofit service and advocacy organization © 2014 National Council on Aging Calculator: Reducing Debt

13. 13 A nonprofit service and advocacy organization © 2014 National Council on Aging Calculator: Cutting Spending

14. 14 A nonprofit service and advocacy organization © 2014 National Council on Aging Comprehensive Questionnaire

15. 15 A nonprofit service and advocacy organization © 2014 National Council on Aging Customized Report

16. 16 A nonprofit service and advocacy organization © 2014 National Council on Aging Fact Sheets for Resources

17. 17 A nonprofit service and advocacy organization © 2014 National Council on Aging How You Can Engage & Promote Economic Security for Older Adults  Be a source of knowledge to your community on the economic needs and resources for older adults o Sign up for NCOA’s free Economic Security e- newsletter and share with others  Lead/facilitate community discussions (with aging network, other funders, etc.)  Use the Implementation Toolkit, EconomicCheckUp ® and other tools  Support public information and advocacy efforts

18. 18 A nonprofit service and advocacy organization © 2014 National Council on Aging Stay Involved!  Discuss next steps, contact us –  Ramsey Alwin, ramsey.alwin@ncoa.orgramsey.alwin@ncoa.org  Maggie Flowers, maggie.flowers@ncoa.orgmaggie.flowers@ncoa.org  Visit ncoa.org and sign up to receive news, resources, and opportunities to learn and act.ncoa.org  Share NCOA’s free programs with providers, funders, and older adults. EconomicCheckUp.org BenefitsCheckUp.org RestartLiving.org HomeEquityAdvisor.org MyMedicareMatters.org