As Americans age, a concerning trend has emerged: the increasing burden of debt on older households. This issue has significant implications for the financial health of the aging population and the economy at large. The Center for Retirement Research at Boston College has highlighted key aspects of this troubling pattern. The proportion of households aged 55 and over with debt has escalated, and the median amount they owe has more than doubled in the last … Continue reading Think Your Retirement is Secure? This Debt Trend Says Otherwise!