Current:Home > Invest'If it wasn't for my boyfriend, I'd probably be homeless': Seniors face rising debt -BrightPath Capital
'If it wasn't for my boyfriend, I'd probably be homeless': Seniors face rising debt
View
Date:2025-04-18 21:19:42
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! (195)
Related
- The Best Stocking Stuffers Under $25
- Our Place Flash Deal: Save $100 on the Internet-Famous Always Pans 2.0
- Deliberations start again in murder trial of former Ohio deputy after juror dismissed
- Democratic voters in Philadelphia's competitive Bucks County say they're unconcerned about Biden's age
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Pacers and Indianapolis use 3-year delay to add new wrinkles to 1st NBA All-Star weekend since 1985
- Nkechi Diallo, Born Rachel Dolezal, Loses Teaching Job Over OnlyFans Account
- Disneyland performers seek to have union protections like other park employees
- Military service academies see drop in reported sexual assaults after alarming surge
- Spit hoods can be deadly. Police keep using them anyway.
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- MLB win totals 2024: Projecting every team's record for the new season
- Soccer star Megan Rapinoe criticized those who celebrated her career-ending injury
- Man fired from upstate New York hospital pulled over with loaded shotgun near facility
- Questlove charts 50 years of SNL musical hits (and misses)
- Best Red Lipsticks for Valentine's Day, Date Night, and Beyond
- Medical marijuana again makes its way to the South Carolina House
- Zendaya, Kim Kardashian and More Best Dressed Stars to Ever Hit the People's Choice Awards Red Carpet
Recommendation
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
First-ever February tornadoes in Wisconsin caused $2.4M in damages
Alabama Senate votes to change archives oversight after LGBTQ+ lecture
A new exhibition aims to bring Yoko Ono's art out of John Lennon’s shadow
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
Jessica from 'Love is Blind' Season 6 dishes on her explosive last date with Jimmy
Abortion pills that patients got via telehealth and the mail are safe, study finds
Did the Warriors really try to trade for LeBron James at NBA trade deadline? What we know