“The proportion of homeless people age 55 and older in Portland has nearly doubled in the last six years. Homeless people today are increasingly baby boomers over age 50 who do not have pensions and lived with wages too low to save for retirement. They become homeless when they are too old for manual labor or their job is outsourced, or when they are too young for social security in a city with out-of-reach housing prices.”

http://www.oregonlive.com/opinion/index.ssf/2017/10/solving_portlands_homeless_cri.html