Important Update: Temporary Closure of the Nancy S. Klath Center Due to water damage, the Nancy S. Klath Center (101 Poor Farm Road) is temporarily closed for construction. For your safety, please do not visit the building. We will share updates as soon as it is ready to reopen.

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Debt and the Older Adult

Should you be worried about carrying debt into your later years? Put your financial savvy to the test.

Older adults have never been more financially secure than they are today.

Because more boomer women were employed, fewer of them will be in debt in their later years.

Mortgages and credit cards top the list of reasons so many adults are in poor financial shape for retirement.

Thanks to Medicare, Americans don’t have to worry much about medical expenses in their later years.

Younger adults are learning from their parents’ financial woes and are trying harder to save money for their own retirement.

Many boomers turn to their parents—or their adult children—for financial help.

If you have several different loans, it’s most important to pay off student loans before your high-interest credit cards or your mortgage.

A payday loan is a safe way to get cash quickly when you need it.

To get the best out of life after sixty, you need to start planning well before you’re in your fifties.

Once you’ve retired, there’s nothing more you can do to better your financial position.

BE THE FUEL

MAKE A DONATION TODAY

Your generosity is truly the fuel that empowers CMAP to change lives and to help older adults discover their “why!”

We invite you to donate to the 2023–2024 Annual Giving Campaign by June 30 to help us reach our goal.

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