Debt Management for Older Adults

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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