Soaring Bankruptcy Rates Signal A Coming Storm For Broke Elderly

[skews13]

Older Americans are filing for bankruptcy at more than double the rate of just 25 years ago, a sign of a "coming storm of broke elderly," a new study finds.

The rate of people 65 and over filing for bankruptcy grew nearly 204 percent from 1991 to 2016, a study published by the Social Science Research Network found, and the percentage of seniors among all U.S. bankruptcy filers increased by nearly five times over the same period.

Soaring bankruptcy rates signal a 'coming storm of broke elderly,' study finds

The gift of Ronald Reagan keeps on giving.

 

[william the wie]

Yeah, the ACA has done massive damage to this country, good find

 

[CrusaderFrank]

Invest the Social Security fund in US equities; it's the only way to fix it

 

[toobfreak]

Older Americans are filing for bankruptcy at more than double the rate of just 25 years ago, a sign of a "coming storm of broke elderly," a new study finds.

The rate of people 65 and over filing for bankruptcy grew nearly 204 percent from 1991 to 2016, a study published by the Social Science Research Network found, and the percentage of seniors among all U.S. bankruptcy filers increased by nearly five times over the same period.

Soaring bankruptcy rates signal a 'coming storm of broke elderly,' study finds

The gift of Ronald Reagan keeps on giving.

Funny, I didn't see a thing in the article that mentioned Ronald Reagan much less him as the cause of poverty 14 years after his death and 29 years since leaving office! Wow! That dude was even more POWERFUL than I realized!

 

[debbiedowner]

Yeah, the ACA has done massive damage to this country, good find

Saw nothing about the ACA in that article, it was about senior's on Medicare.

 

[DJT for Life]

I think it's pretty simple stuff.

All of Insurance has skyrocketed thanks to the ACA.

Continually raising minimum wage raises the costs of
products. Continually raising minimum wage, in effect
only raises the poverty level.

Folks on a fixed income do not experience any meaningful
increase. Last year was the first time in 4 or 5 years that
there was any increase at all, but most of that was wiped out
because of an income change in Medicare B which cost many
30 more dollars a month.

 

[skews13]

Yeah, the ACA has done massive damage to this country, good find

Saw nothing about the ACA in that article, it was about senior's on Medicare.

It did specifically mention the loss of pensions. A decided Reagan era policy that is the number one reason for those pension losses.

I won't even go into the destruction of the middle class from trickle down economics that the majority of Americans recognize as the failure it is.

But we can leave it for another thread.

 

[Thinker101]

Older Americans are filing for bankruptcy at more than double the rate of just 25 years ago, a sign of a "coming storm of broke elderly," a new study finds.

The rate of people 65 and over filing for bankruptcy grew nearly 204 percent from 1991 to 2016, a study published by the Social Science Research Network found, and the percentage of seniors among all U.S. bankruptcy filers increased by nearly five times over the same period.

Soaring bankruptcy rates signal a 'coming storm of broke elderly,' study finds

The gift of Ronald Reagan keeps on giving.

And the predominant reasons seem to be....
8 Reasons Seniors File Bankruptcy

 

[jc456]

Older Americans are filing for bankruptcy at more than double the rate of just 25 years ago, a sign of a "coming storm of broke elderly," a new study finds.

The rate of people 65 and over filing for bankruptcy grew nearly 204 percent from 1991 to 2016, a study published by the Social Science Research Network found, and the percentage of seniors among all U.S. bankruptcy filers increased by nearly five times over the same period.

Soaring bankruptcy rates signal a 'coming storm of broke elderly,' study finds

The gift of Ronald Reagan keeps on giving.

see what obammycare did? wow.

 

[jc456]

Yeah, the ACA has done massive damage to this country, good find

Saw nothing about the ACA in that article, it was about senior's on Medicare.

all part of the ACA. you should read up.

 

[debbiedowner]

Older Americans are filing for bankruptcy at more than double the rate of just 25 years ago, a sign of a "coming storm of broke elderly," a new study finds.

The rate of people 65 and over filing for bankruptcy grew nearly 204 percent from 1991 to 2016, a study published by the Social Science Research Network found, and the percentage of seniors among all U.S. bankruptcy filers increased by nearly five times over the same period.

Soaring bankruptcy rates signal a 'coming storm of broke elderly,' study finds

The gift of Ronald Reagan keeps on giving.

And the predominant reasons seem to be....
8 Reasons Seniors File Bankruptcy

The OP article said 65 and over on Medicare, don't care what your fucking article says about the under 65 senior's. I was stating a fact of his article. Medicare and ACA two different programs.

 

[debbiedowner]

Yeah, the ACA has done massive damage to this country, good find

Saw nothing about the ACA in that article, it was about senior's on Medicare.

all part of the ACA. you should read up.

You're also a fucking idiot Medicare and ACA are not all the same.

 

[jc456]

Yeah, the ACA has done massive damage to this country, good find

Saw nothing about the ACA in that article, it was about senior's on Medicare.

all part of the ACA. you should read up.

You're also a fucking idiot Medicare and ACA are not all the same.

well how could they be, one is called medicare and one ACA, however, the bill that was the ACA was to include medicare. again, you should read up on the ACA.

 

[Thinker101]

Older Americans are filing for bankruptcy at more than double the rate of just 25 years ago, a sign of a "coming storm of broke elderly," a new study finds.

The rate of people 65 and over filing for bankruptcy grew nearly 204 percent from 1991 to 2016, a study published by the Social Science Research Network found, and the percentage of seniors among all U.S. bankruptcy filers increased by nearly five times over the same period.

Soaring bankruptcy rates signal a 'coming storm of broke elderly,' study finds

The gift of Ronald Reagan keeps on giving.

And the predominant reasons seem to be....
8 Reasons Seniors File Bankruptcy

The OP article said 65 and over on Medicare, don't care what your fucking article says about the under 65 senior's. I was stating a fact of his article. Medicare and ACA two different programs.

Yeah, you should consider working on your reading comprehension skills....dumbass.

 

[Penelope]

Yeah, the ACA has done massive damage to this country, good find

Older Americans are filing for bankruptcy at more than double the rate of just 25 years ago, a sign of a "coming storm of broke elderly," a new study finds.

The rate of people 65 and over filing for bankruptcy grew nearly 204 percent from 1991 to 2016, a study published by the Social Science Research Network found, and the percentage of seniors among all U.S. bankruptcy filers increased by nearly five times over the same period.

Soaring bankruptcy rates signal a 'coming storm of broke elderly,' study finds

The gift of Ronald Reagan keeps on giving.

see what obammycare did? wow.

Older Americans are filing for bankruptcy at more than double the rate of just 25 years ago, a sign of a "coming storm of broke elderly," a new study finds.

The rate of people 65 and over filing for bankruptcy grew nearly 204 percent from 1991 to 2016, a study published by the Social Science Research Network found, and the percentage of seniors among all U.S. bankruptcy filers increased by nearly five times over the same period.

Soaring bankruptcy rates signal a 'coming storm of broke elderly,' study finds

The gift of Ronald Reagan keeps on giving.

Also Bush Jr.

 

[skews13]

Yeah, the ACA has done massive damage to this country, good find

Saw nothing about the ACA in that article, it was about senior's on Medicare.

all part of the ACA. you should read up.

You're also a fucking idiot Medicare and ACA are not all the same.

well how could they be, one is called medicare and one ACA, however, the bill that was the ACA was to include medicare. again, you should read up on the ACA.

Everyone that knows the difference knows the single payer option in the ACA was sued by the Republicans to have it removed.

Fail.

Everyone also also knows neither have anything to do with the article or is in anyway related to the reasons listed in the article.

Fail number two.

The fact you can't stay on topic of the article more than verifies from another poster you are indeed a fucking idiot.

I would ad fool, for the sake of accuracy.

 

[iamwhatiseem]

It's pretty simple.
Interest rates are extremely low, good for people who want to buy stuff... lousy for people who are trying to save money. Not to mention there are waaaaaay too many older folks that have mortgages.

 

[jc456]

Yeah, the ACA has done massive damage to this country, good find

Saw nothing about the ACA in that article, it was about senior's on Medicare.

all part of the ACA. you should read up.

You're also a fucking idiot Medicare and ACA are not all the same.

well how could they be, one is called medicare and one ACA, however, the bill that was the ACA was to include medicare. again, you should read up on the ACA.

Everyone that knows the difference knows the single payer option in the ACA was sued by the Republicans to have it removed.

Fail.

Everyone also also knows neither have anything to do with the article or is in anyway related to the reasons listed in the article.

Fail number two.

The fact you can't stay on topic of the article more than verifies from another poster you are indeed a fucking idiot.

I would ad fool, for the sake of accuracy.

doesn't matter, the fact is the ACA is causing this. thanks for adding info on that.

 

[jc456]

It's pretty simple.
Interest rates are extremely low, good for people who want to buy stuff... lousy for people who are trying to save money. Not to mention there are waaaaaay too many older folks that have mortgages.

property tax in blue states.

 

[Penelope]

It's pretty simple.
Interest rates are extremely low, good for people who want to buy stuff... lousy for people who are trying to save money. Not to mention there are waaaaaay too many older folks that have mortgages.

property tax in blue states.

Nope. Medical bills.