Tag: baby boomers
In the aftermath of the women’s movement of the 1960s and 1970s, the incidence of divorce climbed, peaking around 1980. Millions of women were suddenly on their own at a time when women were still having to prove themselves to many employers. But I remember being impressed by a college friend’s mother whose divorce wasn’t…
Older Americans who are in debt are choosing to delay their retirement, researchers conclude in a new working paper. In earlier findings released last summer, the researchers, Barbara Butrica and Nadia Karamcheva of the Urban Institute, documented the growing prevalence of borrowing since the late 1990s among adults ages 62 through 69. Median debt levels…