Current:Home > reviewsCharles Langston:'If it wasn't for my boyfriend, I'd probably be homeless': Seniors face rising debt -TradeWisdom
Charles Langston:'If it wasn't for my boyfriend, I'd probably be homeless': Seniors face rising debt
Oliver James Montgomery View
Date:2025-04-07 11:27:23
The Charles Langstonshare 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
- Sam Taylor
- TikTok Just Became a Go-To Source for Real-Time Videos of Hurricane Ian
- Reddit CEO Steve Huffman: 'It's time we grow up and behave like an adult company'
- When big tech laid off these H-1B workers, a countdown began
- Trump's 'stop
- Some cancer drugs are in short supply, putting patients' care at risk. Here's why
- When big tech laid off these H-1B workers, a countdown began
- FTC sues Amazon for 'tricking and trapping' people in Prime subscriptions
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Surfer Mikala Jones Dead at 44 After Surfing Accident
Ranking
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- UPS workers facing extreme heat win a deal to get air conditioning in new trucks
- How Kyra Sedgwick Made Kevin Bacon's 65th Birthday a Perfect Day
- Drifting Toward Disaster: Breaking the Brazos
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- A New Project in Rural Oregon Is Letting Farmers Test Drive Electric Tractors in the Name of Science
- Ohio Senate Contest Features Two Candidates Who Profess Love for Natural Gas
- Is now the time to buy a car? High sticker prices, interest rates have many holding off
Recommendation
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
A University of Maryland Center Just Gave Most State Agencies Ds and Fs on an Environmental Justice ‘Scorecard’
UPS workers facing extreme heat win a deal to get air conditioning in new trucks
Below Deck Sailing Yacht's Love Triangle Comes to a Dramatic End in Tear-Filled Reunion Preview
Senate begins final push to expand Social Security benefits for millions of people
Not your typical army: how the Wagner Group operates
Coming this Summer: Spiking Electricity Bills Plus Blackouts
Mega Millions jackpot rises to $820 million, fifth-largest ever: What you need to know