Addressing Senior Poverty with Joe Seldner

Joe Seldner, the founder of the Senior Poverty Prevention Project, discusses his motivations and experiences in raising awareness about senior poverty, which he noticed during his own financial struggles after a lengthy custody battle in the late '90s. The project primarily aims to highlight the lack of awareness surrounding senior poverty and encourage public discourse and policy changes. The conversation delves into the statistics and reality of financial insecurity among seniors, misconceptions about baby boomers' wealth, and the impact of potential federal program cuts on elderly care. Joe emphasizes the importance of financial literacy, sustained careers, and political advocacy for both current and future generations to mitigate financial struggles in old age.

 

Topics

00:22 Meet Joe Seldner: Founder of the Senior Poverty Prevention Project

02:59 The Reality of Senior Poverty in the U.S.

05:16 Challenges and Solutions for Low-Income Seniors

09:23 Impact of Policy Changes on Senior Welfare

12:00 Gender Disparities in Senior Poverty

13:09 Economic Inequality and Its Effects on Seniors

15:28 The Decline of Pension Plans and Its Consequences

22:13 Financial Literacy: A Key to Future Security

24:46 Recommendations for Policymakers and Baby Boomers

28:31 Conclusion and Final Thoughts