Monday, December 6, 2010

More older people struggle with high debt

Things haven't improved for older folks, according to Eric Brucker, a professor of economics at Widener University in Chester, Pa. He is the chief researcher in a state-funded survey examining the recession's financial toll on older Pennsylvanians.
More than half (52percent) of the retirees surveyed said Social Security was their single most important source of retirement income.

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