Current:Home > News'If it wasn't for my boyfriend, I'd probably be homeless': Seniors face rising debt -WealthMindset
'If it wasn't for my boyfriend, I'd probably be homeless': Seniors face rising debt
View
Date:2025-04-15 04:37:51
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! (3)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Trial opens for ex-top Baltimore prosecutor charged with perjury tied to property purchases
- Watch: NYPD officers rescue man who fell onto subway tracks minutes before train arrives
- Falling asleep is harder for Gen Z than millennials, but staying asleep is hard for both: study
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- California officer involved in controversial police shooting resigns over racist texts, chief says
- Why one survivor of domestic violence wants the Supreme Court to uphold a gun control law
- King Charles III will preside over Britain’s State Opening of Parliament, where pomp meets politics
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Ukraine says 19 troops killed by missile at an awards ceremony. Zelenskyy calls it avoidable tragedy
Ranking
- Current, future North Carolina governor’s challenge of power
- AP PHOTOS: Pan American Games feature diving runner, flying swimmer, joyful athletes in last week
- Conflict and America's role in the world: Americans show sympathy for Israeli people; parties divide over aid to Israel, Ukraine
- Luis Diaz appeals for the release of his kidnapped father after scoring for Liverpool
- Stamford Road collision sends motorcyclist flying; driver arrested
- Moldova’s pro-Western government hails elections despite mayoral losses in capital and key cities
- Too Dark & Cold to Exercise Outside? Try These Indoor Workout Finds
- Steven Van Zandt says E Street Band 'had no idea how much pain' Bruce Springsteen was in before tour
Recommendation
Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
Owner of Black-owned mobile gaming trailer in Detroit wants to inspire kids to chase their dreams
Tai chi helps boost memory, study finds. One type seems most beneficial
French justice minister is on trial accused of conflict of interest
Toyota to invest $922 million to build a new paint facility at its Kentucky complex
Man wins $9.6 million from New York LOTTO, another wins $1 million from HGTV lottery scratch-off
Car crashes into pub’s outdoor dining area in Australia, killing 5 and injuring 6
Owner of Black-owned mobile gaming trailer in Detroit wants to inspire kids to chase their dreams