Current:Home > Finance'If it wasn't for my boyfriend, I'd probably be homeless': Seniors face rising debt -Secure Growth Solutions
'If it wasn't for my boyfriend, I'd probably be homeless': Seniors face rising debt
View
Date:2025-04-16 15:23:28
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! (1488)
Related
- Skins Game to make return to Thanksgiving week with a modern look
- Save 51% on Abercrombie Activewear, 71% on Supergoop!, 40% on Beachwaver Rotating Curling Irons & More
- Police disperse protesters at several campuses, use tear gas in Tucson
- Authorities make arrest in 2001 killing of Georgia law student who was found dead in a burning home
- Tom Holland's New Venture Revealed
- Brooke Shields dishes on downsizing, trolls and embracing her 'Mother of the Bride' era
- Jimmy Johnson, Hall of Fame cornerback who starred for 49ers, dies at 86
- 4-year-old girl dies from injuries in Texas shooting that left entire family injured
- Michigan lawmaker who was arrested in June loses reelection bid in Republican primary
- New York’s legal weed program plagued by inexperienced leaders, report finds
Ranking
- Senate begins final push to expand Social Security benefits for millions of people
- Consultants close to Rep. Henry Cuellar plead guilty to conspiracy
- Rapper NBA YoungBoy is held on $100K bail in Utah prescription fraud case
- Transgender activists flood Utah tip line with hoax reports to block bathroom law enforcement
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- How to watch (and stream) the Eurovision Song Contest final
- WNBA Star Angel Reese Claps Back at Criticism For Attending Met Gala Ahead of Game
- For second time ever, The Second City to perform show with all-AAPI cast
Recommendation
Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
Oklahoma death row inmate who killed a bank guard is incompetent for execution, judge says
Planet Fitness raises membership fee for first time since 1998
Trump says he wouldn't sign a federal abortion ban. Could he limit abortion access in other ways if reelected?
FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
Suspected pirate attack in the Gulf of Aden raises concerns about growing Somali piracy
Summer House: Martha's Vineyard: Nick, Noelle and Shanice Clash During Tense House Meeting
For second time ever, The Second City to perform show with all-AAPI cast