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GOBankingRates
GOBankingRates
G. Brian Davis

Nearly 42% of Boomers Are Living Paycheck to Paycheck: Here’s How It’s Delaying Retirement

fizkes / Getty Images/iStockphoto

According to a 2025 study by LendEDU, a worrying 41.5% of baby boomers live paycheck to paycheck. 

Compounding the problem, many of these older adults carry consumer debt. A survey of older Americans by National Debt Relief found that 72% carry debt. Overall, respondents estimate needing an average of 12 more years to reach their retirement goals, despite having an average age of 61.

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