Enduring Strength in the Diamond Years: A Qualitative Study on the Socioeconomic Realities of the Elderly

As the global population ages, the Philippines is experiencing a significant increase in its elderly demographic, bringing forth socioeconomic challenges that impact their well-being. This study investigates the lived experiences of elderly individuals, focusing on their socioeconomic realities, resilience, and coping mechanisms. Employing a qualitative-descriptive research design, the study utilized purposive sampling to identify participants aged 60 years and older who receive financial support from the social pension program, have documented medical conditions, are, and live with family members. Data collection was conducted through semi-structured interviews, and Colazzi’s phenomenological approach was used for thematic analysis. Findings revealed four emergent themes: (1) Socioeconomic Challenges, highlighting financial constraints, limited healthcare access, and social isolation; (2) Daily Life Impact, exploring how these challenges shape their routines and decisions; (3) Perceptions of Aging, which include their sense of purpose, dignity, and role within society; and (4) Coping Strategies, detailing their reliance on family support, financial management, and alternative health remedies. The study emphasizes the critical role of government assistance and community-based services in enhancing the quality of life for elderly residents. To foster a more inclusive society, policymakers should prioritize age-friendly initiatives, strengthen intergenerational support networks, improve healthcare accessibility, and implement programs that mitigate social isolation. By addressing these key areas, society can ensure that elderly individuals experience dignity, resilience, and an improved quality of life later.