Current：Home > Markets'If it wasn't for my boyfriend, I'd probably be homeless': Seniors face rising debt -Wealth Axis Pro
'If it wasn't for my boyfriend, I'd probably be homeless': Seniors face rising debt
FinLogic FinLogic Quantitative Think Tank Center View
Date：2025-04-10 06:45:34
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
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