SUSAN HELY FAMILY MONEY
Yu may not see as many homeless older women living on the streets as you do young people and older men. Yet single women aged 65 to 75 who don't own their own home are the fastest growing homeless group.
Homeless older women are often hidden from public view, staying with family and friends, living in their cars, or housesitting and petsitting. But they can only live on the generosity of others for so long.
Around 34% of single women older than 60 live in poverty; they are the lowest income group, earning less than $30,000, and rent hikes are worsening their stress and homelessness.
The number of homeless older women could reach 405,000, according to Housing For The, bases this forecast on a number of risk factors experienced by women aged 45 and older including renting, job insecurity, part-time work, low retirement savings and difficulty in raising emergency funds.
