Second Collection - Religious Retirement
August 2 & 3
The Need
Across the United States, hundreds of religious communities lack financial resources sufficient to meet the retirement and health-care needs of aging members.
Lack of Funds
Many elder religious worked for years for small stipends, leaving a large gap in retirement savings. At the same time, fewer religious are able to serve in compensated ministry.
Rising Costs
Like many Americans, religious communities face the monumental challenge of funding eldercare.
Changing Demographics
Today, retired religious outnumber wage-earners by nearly three to one.
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