This article, originally published by ImpactAlpha, features insights from The SCAN Foundation’s Director of Impact Investing Brendan Ahern and Program Manager of Impact Investments Xenia Viragh. It examines how an aging-lens approach to impact investing can help address financial inequities among older adults while unlocking overlooked market opportunities for mission-driven investors.
They write, “Older adults are among the fastest-growing demographics in the US, projected to reach nearly one in four Americans by 2050. But this group is not a monolith. Stark disparities in health outcomes persist – especially for historically marginalized segments. For example, Black and Latino older adults are far more likely to suffer from chronic diseases, with older Black Americans ten times more likely than white Americans to report unfair treatment in clinical settings on account of their racial background. Limited financial tools as well as systemic challenges generating income and building wealth exacerbate these issues, with lower-income older adults more likely to die younger and to have disabilities.”
This article reflects our commitment to aligning capital with solutions that ensure older adults can thrive in their homes and communities.
Read the full article on ImpactAlpha’s website.