BALANCING THE SCALES: ADDRESSING WEALTH DISPARITIES AMONG SEXUAL AND GENDER MINORITY (SGM) OLDER ADULTS
2024

Wealth Disparities Among LGBTQ+ Older Adults

Sample size: 2450 publication Evidence: moderate

Author Information

Author(s): Hoy-Ellis Charles, Fredriksen-Goldsen Karen

Primary Institution: University of Washington School of Social Work

Hypothesis

Are LGBTQ+ older adults experiencing significant economic disparities compared to their heterosexual peers?

Conclusion

LGBTQ+ older adults face economic disadvantages despite higher educational achievements due to historical sociocultural factors.

Supporting Evidence

  • LGBTQ+ populations experience significant health disparities.
  • Higher rates of poverty are documented among LGBTQ+ older adults.
  • LGBTQ+ older adults have higher educational achievement compared to heterosexual peers.

Takeaway

LGBTQ+ older adults are often poorer than their straight friends, even though they go to school more. This is because of things that happened in the past.

Methodology

Utilized data from the Aging with Pride study, a national longitudinal study of LGBTQ+ older adults.

Limitations

More research is needed to understand the underlying mechanisms of economic disparities.

Participant Demographics

LGBTQ+ older adults, historically marginalized population.

Digital Object Identifier (DOI)

10.1093/geroni/igae098.0968

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