97.1% of U.S. adults aged 66-71 have a median nonmortgage debt of $11,349, with auto loans, credit cards, and student loans being major contributors. Texas and Florida metros report the highest ...

The old adage "Retire without debt" may be going the way of the electric typewriter. Nearly every retirement-age American has debt.

The report highlights that increased spending driven by the world’s fastest-aging population is a key factor in the explosive growth of national debt. "The total spending-to-GDP ratio is ...