Headline: ‘Too Little Too Late’: Bankruptcy Booms Among Older Americans
Publication: The New York Times
Article Date: Aug 5, 2018
A new study from the Consumer Bankruptcy Project illuminates the scope of a growing problem: bankruptcy is on the rise for people 65 and older. Some of the drivers include vanishing pensions, soaring medical expenses, inadequate savings, and a three-decade shift of financial risk from government and employers to individuals. Read article…