Current:Home > Markets'If it wasn't for my boyfriend, I'd probably be homeless': Seniors face rising debt -WealthMap Solutions
'If it wasn't for my boyfriend, I'd probably be homeless': Seniors face rising debt
View
Date:2025-04-18 09:36:13
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! (92)
Related
- $73.5M beach replenishment project starts in January at Jersey Shore
- Breece Hall vs. Braelon Allen stats in Week 3: Fantasy football outlook for Jets RBs
- Former Bad Boy Rapper Shyne Barrow Says Sean Diddy Combs Destroyed His Life
- Utah governor says he’s optimistic Trump can unite the nation despite recent rhetoric
- Buckingham Palace staff under investigation for 'bar brawl'
- South Carolina prepares for first execution in 13 years
- Why Blake Shelton Is Comparing Gwen Stefani Relationship to Taylor Swift and Travis Kelce's Romance
- Takeaways from AP report on risks of rising heat for high school football players
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Postal Service chief frustrated at criticism, but promises ‘heroic’ effort to deliver mail ballots
Ranking
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Playoff baseball in Cleveland: Guardians clinch playoff spot in 2024 postseason
- Wheel of Fortune Contestants' Bad Luck Curse Shocked Even Ryan Seacrest
- Chester Bennington's mom 'repelled' by Linkin Park performing with new singer
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- SpaceX faces $633,000 fine from FAA over alleged launch violations: Musk plans to sue
- Body language experts assess Mike Tyson vs. Jake Paul face-off, cite signs of intimidation
- Takeaways from AP’s report on churches starting schools in voucher states
Recommendation
The Grammy nominee you need to hear: Esperanza Spalding
Illinois’ top court says odor of burnt marijuana isn’t enough to search car
When are Walmart Holiday Deals dates this year? Mark your calendars for big saving days.
Florida sheriff shames 2 more kids after school threats. Is it a good idea?
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Chester Bennington's mom 'repelled' by Linkin Park performing with new singer
Utah governor says he’s optimistic Trump can unite the nation despite recent rhetoric
Breece Hall vs. Braelon Allen stats in Week 3: Fantasy football outlook for Jets RBs