Baby Boomer Bankruptcy Numbers Misleading
Dan Owens, director of the 10-year-old grassroots National Active Retirement Association (NARA), a group that carefully studies the boomer and beyond “Age Wave,” says recent media reports over record numbers of baby boomers filing for bankruptcy are not accurate.
The Associated Press newswire article quoted a study by Harvard Law professor and Huffington Post blogger Elizabeth Warren that reports that seniors are rushing to bankruptcy courts in huge numbers because of economic conditions and high health-care costs.
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Category: Boomer Lifestyle, Money & Work, Retirement, Travel & Leisure
