Mature Market Stat of The Day: Bankruptcy Among Seniors

Of the more than 1 million Americans who filed for bankruptcy last year, nearly a quarter were 55 and up. Bankruptcy filings among those ages 75 to 84 skyrocketed by 433 percent from 1991 to 2007.

Source: AARP, MSNBC

 Harder times coming for the mature market?

Among Americans 50 and older:

— 45 percent say food prices have caused a hardship for their budgets

— 39 percent think at least some foods will have to be rationed within a year

— 47 percent are shopping for food less frequently

— 41 percent are eating less meat

— 18 percent have started eliminating some meals

Survey of 1,009 adults ages 45 and older conducted for AARP by International Communications Research of Media, Pa., June 4-9.

Source: MSNBC

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