The boomers going bust: why elderly bankruptcy is rising in America | Curio

The boomers going bust: why elderly bankruptcy is rising in America

23 mins | Aug 19, 2019

The number of Americans over 75 in debt rose from one in five to almost half... What could our future look like? Why are the boomers going bust? Patti Waldmeir, writing in the Financial Times, looks at how more and more elderly Americans are finding themselves unable to retire and with debts they can only be rid of by filing for bankruptcy.

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From Financial Times