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.


 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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