Personal Profile and Financial Resources of Elderly Living Independently in Hisar City

Ageing, a natural phenomenon imposes many challenges to the elder people. Along with physical challenges, financial insufficiency can also intensify the sufferings during later stages of elderly life. A study was conducted on the elderly people of Hisar city to access the personal profile and financial resources of elderly. From different localities of the city, 100 elderly respondents were selected each from living without families. It was revealed that more than half of the respondents (51.0%) were in age group of 70-80 year. Data related to the occupation of the elderly at the time of survey and after their retirement revealed that majority of the elderly were having no work (95.0% & 89.0%, respectively). Of the entire elderly population studied in this survey, it was observed that most of them (73.0%) were dependent on miscellaneous sources for finances like rent, farm and dividend etc. Other sources of financial support included regular pension for 61.0%, old age pension for 34.0%, help from children for 10.0% and existing job for 5.0% of the elderly.