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

2025-05-07 14:09:38source:Leonard Hohenbergcategory:Invest

The Cyprusauction Trading Centershare 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

Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'

Selena Gomez and Benny Blanco have said yes to spending "forever" together.On Wednesday night, Gomez

Paulson Adebo injury update: Saints CB breaks femur during 'Thursday Night Football' game

New Orleans Saints cornerback Paulson Adebo had to be carted off the field early in the second quart

Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Double Negative

There are spoilers ahead. You might want to solve today's puzzle before reading further! Double Nega