Most 65+ households carried debt in 2016.
Swelling numbers of Americans these days are working in retirement, taking part-time jobs and launching businesses. And retirees are increasingly staying in their homes rather than moving to retirement communities. They’re also, however, breaking the mold in a potentially worrisome direction: embracing debt.
“Debt-related stress is a growing concern, given the growing amount of debt held by older adults as they enter retirement,” wrote the authors of Debt Stress and Mortgage Borrowing in Older Age: Implications for Economic Security in Retirement, a paper just presented at the Retirement and Disability Research Consortium, in Washington, D.C.
DON’T MISS: These Arizona retirees ‘couldn’t afford’ America — now they live their dream life on $2,000 a month in Ecuador They’ve found that owing money is pushing people in their 60s and beyond to delay retirement, postpone filing for Social Security and add stress to their lives.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
'A couple of dozen' states are considering an antitrust probe of Big Tech, says DOJ officialMakan Delrahim, assistant attorney general for the antitrust division, said several state attorneys general have spoken to the Justice Department about starting their own joint investigation into technology companies.
Consulte Mais informação »
Big Swiss companies must study women's pay gap from next yearMajor Swiss companies will be required to review pay gaps between male and femal...
Consulte Mais informação »
Big Hit Entertainment, Home to BTS, Posts Blockbuster Results for First Half of 2019South Korea’s Big Hit Entertainment, home to BTS, revealed its revenues for the first half of 2019 at an event called “Big Hit Corporate Briefing With the Community” held in Seoul today. The compan…
Consulte Mais informação »
Disgraced YG Entertainment Founder and Ex-Big Bang Member Hit With Travel BansYang Hyun-suk, founder and former CEO of South Korean K-pop powerhouse YG Entertainment, and Seungri, a former star of the company's popular boy band Big Bang, were both slapped with overseas travel bans amid allegations that they violated foreign exchange laws to secure money to gamble in Las Vegas, Seoul police officials said.
Consulte Mais informação »