Debt Management for Older Adults - NCOA
Debt Management for Older Adults
Agenda
1. Changing environment 2. GreenPath's approach 3. Collaboration with NCOA 4. Ideas for practitioners
American families are struggling as they age
American families are struggling.
80%
Of American
69% households carry
some form of debt
Say non-mortgage debt is a necessity
1 in 3
Americans have $0 saved for retirement.
$0 Saved for retirement
Row 1 Source:
Row 2 Source: Labor Center Berkeley;
Row 3 Source: Boston College;
content/uploads/2016/01/IB_16-2.pdf
American families are struggling
$1.2 T
Student loan debt as of 2015 compared to
$0.2 T
In 2003
Source: CFSI. United States Census Bureau reports there are 318.9 million people in the USA as of 2014.
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