Americans facing retirement are now the fastest growing group of people filing for bankruptcy. A new study by the Consumer Bankruptcy Project reveals the rate of people older than 65 who filed for bankruptcy has tripled since 1991. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss the findings and offer advice.

Americans facing retirement are now the fastest growing group of people filing for bankruptcy. A new study by the Consumer Bankruptcy Project reveals the rate of people older than 65 who filed for bankruptcy has tripled since 1991. I joined CBS This Morning to discuss the findings and offer advice.

Have a money question? Email me here.

A new study reveals a jarring truth for baby boomers. Instead of retirement and relaxation, many are facing bankruptcy. More than 12 percent of those who file for bankruptcy protection are over 65, a figure that was just over 2 percent in 1991.

A new study reveals a jarring truth for baby boomers. Instead of retirement and relaxation, many are facing bankruptcy. More than 12 percent of those who file for bankruptcy protection are over 65, a figure that was just over 2 percent in 1991. I discussed on the CBS Evening News with Jeff Glor. 

Have a money question? Email me here.