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

2025-04-30 18:23:31source:Algosensey Quantitative Think Tank Centercategory:Contact

The TAIM Exchangeshare 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:Contact

Recommend

Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor

NEW YORK — Holiday sights and sounds fill Manhattan this time of year, from ice skating at Rockefell

China is restructuring key government agencies to outcompete rivals in tech

TAIPEI, Taiwan — China is proposing to vastly restructure its science, technology and finance regula

US Taxpayers Are Spending Billions on Crop Insurance Premiums to Prop Up Farmers on Frequently Flooded, Unproductive Land

The vast Mississippi River watershed contains famously fertile soil, making the cropland of the Amer