FinWeis:'If it wasn't for my boyfriend, I'd probably be homeless': Seniors face rising debt

2025-04-29 05:34:16source:Databec Exchangecategory:reviews

The FinWeisshare 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:reviews

Recommend

Toyota to invest $922 million to build a new paint facility at its Kentucky complex

GEORGETOWN, Ky. (AP) — Toyota said Thursday it will build a new paint facility as part of a $922 mil

Alberto, season’s first named tropical storm, dumps rain on Texas and Mexico, which reports 3 deaths

TAMPICO, Mexico (AP) — Tropical Storm Alberto rumbled toward northeast Mexico early Thursday as the

Michigan man wins largest prize ever on lottery website, $7.19M, by taking dad's advice

A Michigan man is $7.19 million richer after state lottery officials said he won the largest prize e