Working at 76: Inflation is forcing hard choice for older adults
Walmart greeter (NBC News video screenshot)
(WCVB) – With an ailing husband and the highest prices she can remember for everything from milk to gasoline, the retired school lunch worker from Cleveland, Ohio, now works part time as a salesperson at a local department store to cover the costs of food and medicine.
"The holidays are going to be tough, and it's not just for seniors," said Angey, who said she was happy to get an extra 10 hours a week during the busy shopping season. "Luckily my daughter-in-law did all the cooking for Thanksgiving and I brought a few dishes. But the Christmas celebration will definitely be more modest."
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Inflationary pressures may be starting to ease, but higher prices throughout much of 2022 are still taking a toll on older adults, with a larger share of people like Angey saying they felt their finances were worse off than a year before. Consumer inflation in November was still up 7.1% from a year earlier.
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