A 60 year old in lonely poverty because they just lost their job. The retirement fund they had with their former manufacturing employer is gone because the comp

A 60 year old in lonely poverty because they just lost their job. The retirement fund they had with their former manufacturing employer is gone because the company became bankrupt. The person have 3 adult children who are working. They've all moved out long ago, they live in cities far away, and the person is afraid of bothering them. Is that the ideal situation? Will finding this man a job solve his problems?