Articles related to focusing on healthy aging, prevention, mobility, cognition, nutrition, independence, and caregiving support.
Facing debt in retirement can be especially challenging, with fixed incomes often leaving little room for error. Freedom Debt Relief offers a form of debt settlement for seniors designed to reduce the total amount owed, potentially providing a faster path toward financial stability.
According to a 2024 survey from the National Council on Aging, nearly 50% of adults aged 60 and older lack the income to cover their basic living needs, often leading to reliance on credit cards. If you're wondering, "How can seniors get out of credit card debt?" this guide explores several practical solutions to help you regain financial control on a fixed income.
According to a 2023 AARP report, 75% of adults aged 50 and over hold some form of debt. The reasons range from unexpected medical bills and rising living costs to supporting family members. This financial burden can be particularly stressful for those on a fixed income, but understanding **how senior citizens get out of debt** is the first step toward reclaiming financial security.
