Growing percentage of the elderly and near-elderly have debt
January 30, 2015 by Warren S. Hersch, whersch@SummitProNets.com
The share of older American families that had debt in 2013 increased from 2010, according to new research.
The Employee Benefits Research Institute discloses this finding in a January 2015 report, “Debt of the Elderly and Near-Elderly, 1992-2013.”
The percentage of American families headed by individuals ages 55 or older with some level of debt was 65.4 percent in 2013, up from the 2010 level of 63.4 percent, the EBRI report reveals.
Originally Posted at LifeHealthPro on January 29, 2015 by Warren S. Hersch, whersch@SummitProNets.com.
Categories: Industry Articles