Current:Home > Invest'If it wasn't for my boyfriend, I'd probably be homeless': Seniors face rising debt -Global Capital Summit
'If it wasn't for my boyfriend, I'd probably be homeless': Seniors face rising debt
View
Date:2025-04-13 18:08:02
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! (5)
Related
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Judge bars media cameras in University of Idaho slayings case, but the court will livestream
- A new study says the global toll of lead exposure is even worse than we thought
- Appeals court to consider Trump's bid to pause gag order in special counsel's election interference case
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- More free COVID-19 tests can be ordered now, as uptick looms
- Shipwreck called the worst maritime disaster in Seattle history located over a century later, explorers say
- Controversial hip-drop tackles need to be banned by NFL – and quickly
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Honda, BMW, and Subaru among 528,000 vehicles recalled: Check car recalls here
Ranking
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Jury acquits Catholic priest in Tennessee who was charged with sexual battery
- Colman Domingo’s time is now
- Erin Andrews Breaks Down in Tears Detailing Moment She Learned She'd Been Secretly Videotaped
- Tom Holland's New Venture Revealed
- New York lawmaker accused of rape in lawsuit filed under state’s expiring Adult Survivors Act
- Kansas keeps lead, Gonzaga enters top 10 of USA TODAY Sports men's college basketball poll
- Thanksgiving cocktails and mocktail recipes: Festive flavors featuring apple, cranberry, pumpkin
Recommendation
San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
Second suspect arrested in Morgan State University shooting
California Highway Patrol officer fatally shoots man walking on freeway, prompting investigation
Biden celebrates his 81st birthday with jokes as the White House stresses his experience and stamina
US appeals court rejects Nasdaq’s diversity rules for company boards
GOP presidential hopefuls use Trump's COVID record to court vaccine skeptics
100+ Kids Christmas movies to stream with the whole family this holiday season.
Mississippi man killed by police SUV receives funeral months after first burial in paupers’ cemetery