skews13
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- Mar 18, 2017
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Older Americans are filing for bankruptcy at more than double the rate of just 25 years ago, a sign of a "coming storm of broke elderly," a new study finds.
The rate of people 65 and over filing for bankruptcy grew nearly 204 percent from 1991 to 2016, a study published by the Social Science Research Network found, and the percentage of seniors among all U.S. bankruptcy filers increased by nearly five times over the same period.
Soaring bankruptcy rates signal a 'coming storm of broke elderly,' study finds
The gift of Ronald Reagan keeps on giving.
The rate of people 65 and over filing for bankruptcy grew nearly 204 percent from 1991 to 2016, a study published by the Social Science Research Network found, and the percentage of seniors among all U.S. bankruptcy filers increased by nearly five times over the same period.
Soaring bankruptcy rates signal a 'coming storm of broke elderly,' study finds
The gift of Ronald Reagan keeps on giving.