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The rate of older Americans filing for bankruptcy has tripled since 1991.

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Vanishing pensions. Soaring medical expenses. Inadequate savings. The rate of older Americans filing for bankruptcy has tripled since 1991.
Sunday, August 5, 2018 6:07 PM EST

New research sheds light on the scope of a problem affecting a rapidly growing share of older Americans: The rate of people 65 and older filing for bankruptcy is three times what it was in 1991, and the same group accounts for a far greater share of all filers.

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