Our findings reveal the nation's consumer debt epidemic is impacting millions of older Americans' financial futures and threatening to put the retirement they've worked toward for decades out of reach.
Unfortunately, in Nevada, we rank second in financial fraud, and a high percentage of that fraud are our seniors. I have concerns about the CFPB actually closing down the office of financial protection for older Americans.
Older Americans are facing a difficult choice: leave behind a career they've built for decades to care for their parents, or stay at their job and cover the high cost of care.