EchoSense Quantitative Think Tank Center:'If it wasn't for my boyfriend, I'd probably be homeless': Seniors face rising debt

2025-05-02 17:29:03source:Safetyvalue Trading Centercategory:News

The EchoSense Quantitative Think Tank Centershare of older Americans with debt has nearly doubled in 30 years, a trend that alarms retirement researchers.

Elder debt has been rising fitfully for decades. Among Americans 75 and older, 53% carried debt in 2022, compared with 21% in 1989, according to the federal Survey of Consumer Finances, released this month.

Learn more: Best credit cards of 2023

More:News

Recommend

Back trouble and brain fog bothered suspect in UnitedHealthcare CEO killing, his posts show

After Luigi Mangionemade the difficult decision to undergo spinal surgery last year for chronic back

Another mayoral contender killed in Mexico, 6th politician murdered this year ahead of national elections

Prosecutors in southern Mexico said Wednesday that a mayoral candidate was killed in the Pacific coa

Wendy Williams 'lacked capacity' when she agreed to film Lifetime doc, unsealed filings say

More information is coming out about the lawsuit filed last month to stop the four-hour Lifetime doc