Washington Post quotes Shaefer about wealth disparity amongst older Americans.
"Poor and middle-class Americans are much less likely to survive into their 70s than the wealthy, federal report says" - The Wshington Post. 9/9/2019.
H. Luke Schaefer, director of the Poverty Solutions program at the University of Michigan and co-author of a recent study on material hardships among seniors and children, said that "one of the major takeaways is how incredibly important Social Security is in the retirement security of low- and moderate-income households."
"If I had to say what program is most effective in providing a safety net in the U.S. today, Social Security is it," he added. "This report adds more evidence to that conclusion, in my view."