Sophia Schmidt
Stories
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Climate
Why climate change is hurting older Americans' finances
Older Americans are particularly vulnerable to climate-driven extreme weather like hurricanes, floods and heat waves because they often live on fixed incomes, are less able to rebuild their financial lives after a disaster and suffer a cascade of medical and other problems if they are displaced from their homes. Research suggests, as housing prices rise and the population in the U.S. ages, the problem is only growing.