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

2025-05-08 02:16:41source:Grant Prestoncategory:Invest

The Novacryptshare 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:Invest

Recommend

B.A. Parker is learning the banjo

Parker has been trying to find her place in the banjo world. So this week, she talks to Black banjo

Nintendo cancels its Live 2024 Tokyo event after persistent threats to workers and customers

TOKYO (AP) — Nintendo canceled its upcoming video game showcase and postponed several other events b

CosMc's lands in Illinois, as McDonald's tests its new coffee-centered concept

If you were alive in the 1980s, and you're nostalgic for one of the least well-known McDonald's masc