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Retirement Debt: The Financial Burdens Facing Seniors

Retirement Debt: The Financial Burdens Facing Seniors

Newsy
Saturday, December 18, 2021 02:49:39 AM UTC

While not all debt is bad, the Government Accountability Office says those credit card bills with high interest rates will put a strain on the future.

Michelle Stauffer and her mother Evelyn Fisher have lived together since 2015.

Fisher says she likes to help out financially even though it isn't necessary.  

"For my own peace, my head, I don't like to just be taken care of," Fisher said. "I like to contribute."

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