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Survey: Future Finances a Top Concern for Older Ohioans

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Wednesday, August 13, 2014   

COLUMBUS, Ohio - The gubernatorial race makes it a big election year for Ohio, and a new report finds many older Ohioans say they want candidates who will directly address their financial concerns.

According to a survey commissioned by AARP Ohio, the majority of voters age 50 and older are anxious about their future finances. Luke Russell, associate state director for advocacy, said 63 percent believe their income is falling behind the cost of living.

"While at the same time," he added, "59 percent of Ohioans have rated the economy 'good' or 'very good.' So, we see a contrast in the view of Ohio's economic situation and our 50-plus voter's individual financial situation."

The survey found voters age 50 and older worry most about affordable utilities, paying too much in taxes, unaffordable health-related expenses and not having financial security in retirement.

Future care also is a concern. Russell said most people prefer to live independently and say assisting older Ohioans - and those who care for them as they age at home - is a critical election issue.

"The number of people who said they need candidates who supported caregivers was extremely high," he said, "and they were more likely to vote for a candidate for office who supported funding for home- and community-based services at a much higher rate than those who didn't."

Russell said older Ohioans make up about two-thirds of the electorate, but the majority feel it is hard to get good, impartial information about the candidates. He said voters want to know more about their plans for key issues such as affordable utilities, independent living and financial security.

"Our members historically come out in large numbers to vote and set the direction in general about the policies and positions of elected officials," he said. "We have to address these issues now, so Ohio can be a prosperous community and an inviting state."

Among likely voters age 50 and older, polls say incumbent Gov. John Kasich holds a 15-point lead over Democratic candidate Ed Fitzgerald, with 15 percent of those voters still undecided.

The survey is online at states.aarp.org.


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