The main reasons for financial problems among people aged 65+ are: 💊 health problems (59%), 💸 loan repayments (36%), and…👪 financial support for family (20%). One in ten people in this age category admits to not being able to budget. One in two seniors (53%) considers themselves frugal, while only 2% of those aged 65-74 consider themselves spendthrifts. […]
