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

2025-05-07 12:52:28source:Blake Prestoncategory:Invest

The Surpassing Quant 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:Invest

Recommend

Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says

A man is suing the California Lottery alleging he has not received part of his winnings from a nearl

When homelessness and mental illness overlap, is forced treatment compassionate?

Many of Portland's least fortunate live in tents pitched on sidewalks or in aging campers parked in

All the Bombshell Revelations in The Secrets of Hillsong

Holy moly.Among the many shades of scandal, the kind that involves religion and the people who pract