DOES ASSET POVERTY INFLUENCE HEALTH AND WELL-BEING IN LATER LIFE? AN 8-YEAR PROSPECTIVE STUDY IN CHINA
2024
Impact of Asset Poverty on Health in Older Adults
Sample size: 7982
publication
Evidence: moderate
Author Information
Author(s): Chen Yu-Chih, Hu Ting
Primary Institution: The University of Hong Kong
Hypothesis
Does asset poverty influence health and well-being in later life?
Conclusion
Asset poverty negatively affects self-rated health and life satisfaction while increasing depressive symptoms in older adults.
Supporting Evidence
- Households in asset poverty reported lower self-rated health and life satisfaction.
- Prolonged asset poverty was linked to higher depressive symptoms.
- Transitioning out of asset poverty still correlated with lower self-rated health and life satisfaction.
- Asset poverty was not associated with cognition.
Takeaway
Having enough money saved is really important for older people to feel good and stay healthy. If they don't have enough, they can feel sad and unwell.
Methodology
Data from the China Health and Retirement Longitudinal Study was used to analyze the effects of asset poverty on various health outcomes.
Participant Demographics
Adults aged 60 and older from China.
Digital Object Identifier (DOI)
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