Reading up on poverty
2 deep · digging since nov 21, 25
- Social Security at 70? Why the Gold Standard Advice Works for Only a Few - The New York Times
The standard advice to delay Social Security to age 70 maximizes benefits for few, as most retirees claim early at 62 due to financial needs or shorter life expectancy.
- Being poor vs. being broke
The piece distinguishes being broke as a temporary financial setback from being poor as a persistent lack of resources and options, arguing that standard advice for escaping broke is ineffective for chronic poverty.