Current:Home > Stocks'If it wasn't for my boyfriend, I'd probably be homeless': Seniors face rising debt -FundTrack
'If it wasn't for my boyfriend, I'd probably be homeless': Seniors face rising debt
View
Date:2025-04-13 15:30:56
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! (66)
Related
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- After impressive Georgia win, there's no denying Lane Kiffin is a legit ball coach
- Republican Don Bacon wins fifth term to US House representing Nebraska’s Omaha-based district
- Florida men's basketball coach Todd Golden accused of sexual harassment in Title IX complaint
- Stamford Road collision sends motorcyclist flying; driver arrested
- Republican US Rep. Eli Crane wins second term in vast Arizona congressional district
- The Boy Scouts inspired Norman Rockwell. His works will now help pay abuse survivors
- Sean 'Diddy' Combs again requests release from jail, but with new conditions
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Oregon allegedly threatened to cancel season if beach volleyball players complained
Ranking
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Indiana, Alabama among teams joining College Football Playoff bracket projection
- Indiana, Alabama among teams joining College Football Playoff bracket projection
- Don’t Miss Wicked Stanley Cups at Target—Plus Magical Movie Merch From Funko Pop!, R.E.M. Beauty & More
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- NFL Week 10 bold predictions: Which players, teams will turn heads?
- 'Just a shock': NC State student arrested after string of 12 shootings damaging homes and vehicles
- Haul out the holly! Rockefeller Center Christmas Tree arrives in New York City
Recommendation
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
10 people stabbed in less than 2 days in Seattle, with 5 wounded Friday; suspect in custody
NFL Week 10 bold predictions: Which players, teams will turn heads?
A record 13 women will be governors next year after New Hampshire elected Kelly Ayotte
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
How Wicked Director Jon M. Chu Joined L.A. Premiere From the Hospital as Wife Preps to Give Birth
49ers' Nick Bosa fined for wearing MAGA hat while interrupting postgame interview
More than 500K space heaters sold on Amazon, TikTok recalled after 7 fires, injury