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

2024-12-25 12:51:53 source:lotradecoin decentralized exchange features Category:Stocks

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.

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