Between 2008 and 2030 the Latino population aged 65 years and older will increase by 224 percent compared to a 65 percent increase for the white population aged 65 and older. These growth trends are likely to have significant implications for programs and policies designed to support seniors.
HIP established the HIP Aging Program (HAP) in 2009 with the aim of increasing awareness and mobilization of philanthropic resources to strengthen the leadership and infrastructure that will support the growing needs of older Latinos. In late 2010 HIP reached its first major Aging Program milestone by completing The Latino Age Wave, a study commissioned by the organization to learn more about the societal implications of an aging Latino population for the U.S.
The report show Latino older adults:
• Are concentrated in a few large, highly-populated states: California, Texas, Florida, and New york.
• Are more likely to be foreign born and have lower rates of english speaking.
• Are less educated.
• Have lower incomes, fewer assets, and higher poverty rates.
• Receive a larger proportion of their income from Social Security but also have less access to Social Security benefits.
• Have lower rates of health insurance coverage.
Major findings from the assessment of Latino organizations are as follows:
• Scarcity of community-based and national organizations that provide services exclusively to Latino older adults.
• Latino community-based organizations do not have the funding or support they need to provide quality services to
Latinos in general and to Latino older adults specifically.
• Programs aimed at providing services to older adults are the most at risk of being underfunded or having their budgets
cut, because there is little funding for Latino older adult programs to begin with.
• A lack of Latino professionals entering the field of gerontology or related disciplines means that there are not enough professionals that have the language and cultural skills needed to provide optimal care for the aging Latino population.