Current:Home > reviews'If it wasn't for my boyfriend, I'd probably be homeless': Seniors face rising debt -Visionary Wealth Guides
'If it wasn't for my boyfriend, I'd probably be homeless': Seniors face rising debt
Poinbank View
Date:2025-04-07 21:53:52
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! (41285)
Related
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- iCarly’s Nathan Kress Welcomes Baby No. 3 With Wife London
- After the Wars in Iraq, ‘Everything Living is Dying’
- Biden asks banking regulators to toughen some rules after recent bank failures
- Louvre will undergo expansion and restoration project, Macron says
- Twitter says parts of its source code were leaked online
- 6 people hit by car in D.C. hospital parking garage
- Twitter says parts of its source code were leaked online
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Senate Judiciary Committee advances Supreme Court ethics bill amid scrutiny of justices' ties to GOP donors
Ranking
- See you latte: Starbucks plans to cut 30% of its menu
- A Colorado Home Wins the Solar Decathlon, But Still Helps Cook the Planet
- Inside Clean Energy: Solar Panel Prices Are Rising, but Don’t Panic.
- A Colorado Home Wins the Solar Decathlon, But Still Helps Cook the Planet
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- The Biden Administration Takes Action on Toxic Coal Ash Waste, Targeting Leniency by the Trump EPA
- Utah's new social media law means children will need approval from parents
- Hurry! Everlane’s 60% Off Sale Ends Tonight! Don’t Miss Out on These Summer Deals
Recommendation
Travis Hunter, the 2
As Illinois Strains to Pass a Major Clean Energy Law, a Big Coal Plant Stands in the Way
Women now dominate the book business. Why there and not other creative industries?
The U.S. condemns Russia's arrest of a Wall Street Journal reporter
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
The Perseids — the best meteor shower of the year — are back. Here's how to watch.
Lift Your Face in Just 5 Minutes and Save $75 on the NuFace Toning Device
For the First Time, a Harvard Study Links Air Pollution From Fracking to Early Deaths Among Nearby Residents