Posted by dd606 Report as abusive
What I don't like to contemplate as much? That I will almost certainly have just finished paying for the college education of the same adorable ten year old when the law permits me to claim a monthly Social Security check.
The result? It used to be that households headed by someone over the age of 50 began to deleverage that is, pay down their debt. Now, we're seeing an opposite phenomenon: those families instead go further into arrears, acquiring even more debits on the household budget sheet at ages previous generations associated with the early bird special.