Current:Home > Scams'If it wasn't for my boyfriend, I'd probably be homeless': Seniors face rising debt -Profound Wealth Insights
'If it wasn't for my boyfriend, I'd probably be homeless': Seniors face rising debt
View
Date:2025-04-11 19:09:52
The share 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
veryGood! (5754)
Related
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Judge says fair trial impossible and drops murder charges against parents in 1989 killing of boy
- Soda company recalls drinks sold at restaurants for chemicals, dye linked to cancer: FDA
- Probe launched after Jewish student group omitted from New Jersey high school yearbook
- Sam Taylor
- Kia recalls nearly 463,000 Telluride SUVs due to fire risk, urges impacted consumers to park outside
- E! Readers Can’t Get Enough of This Red Light Mask That Makes Your Skin Glow: Get It Now
- This ‘Boy Meets World’ star credits shaman elixir for her pregnancy at 54. Doctors have some questions.
- The White House is cracking down on overdraft fees
- Carbon dioxide levels in the atmosphere are surging faster than ever to beyond anything humans ever experienced, officials say
Ranking
- Where will Elmo go? HBO moves away from 'Sesame Street'
- California law bars ex-LAPD officer Mark Fuhrman, who lied at OJ Simpson trial, from policing
- Sale and use of marijuana permitted under ordinance Cherokees in North Carolina approved
- Adrien Broner vs. Blair Cobbs live updates: Predictions, how to watch, round-by-round analysis
- This was the average Social Security benefit in 2004, and here's what it is now
- Ariana Grande drops star-studded 'The Boy is Mine' video with Penn Badgley, Brandy and Monica
- Carlos Alcaraz reaches his first French Open final by beating Jannik Sinner in 5 sets over 4 hours
- Teen Mom's Kailyn Lowry Shares Rare Photo With Ex Jo Rivera for Son Isaac's Graduation
Recommendation
Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
E! Readers Can’t Get Enough of This Red Light Mask That Makes Your Skin Glow: Get It Now
Teenager who killed 4 in Michigan high school shooting appeals life sentence
For $12, This Rotating Organizer Fits So Much Makeup in My Bathroom & Gives Cool Art Deco Vibes
The White House is cracking down on overdraft fees
Bravo's Captain Lee Rosbach Reveals Shocking Falling Out With Carl Radke After Fight
Former Trump chief of staff Mark Meadows pleads not guilty in Arizona’s fake elector case
Sale and use of marijuana permitted under ordinance Cherokees in North Carolina approved