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I’m 72 With Only Social Security and $77K in Debt (Video)

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In this 21 July 2025 video, host Michael Bordenaro talks about how being in the credit card debt cycle is not a good place to be no matter what age but particularly in retirement with only a social security check for income. Other Americans are facing issues like what age should I take social security and how will I keep up with the cost of living on my retirement income. Retiring might just be a golden in age in America that has come and went for most.

https://youtu.be/Ug2A0ej6OG0


00:00  Seventy-Two and Strapped: A Retirement Credit Card Debt Crisis
02:46 Credit Card Dependency Among Retirees: A Growing Problem
04:23 Navigating Debt: Reverse Mortgages and Tough Choices
06:10 Home Ownership vs. Renting: Securing Assets for Retirement
07:30 Regrets of Delaying Social Security: A Story of Lost Time
11:38 Retirement Savings Crisis: Unprepared for the Future
14:25 Homelessness Among Seniors: A Grim Projection
15:58 The Broken Promise of Retirement: Redefining Expectations

 



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  • kinganu

    Just do what all the older citizens had to do in my neck of the woods……be forced to sell your property because you can’t pay the property tax extortion any longer on social suckurity.

    We are Americans. Nobody gives a flying f#ck about their neighbors any more.

    They could be executing us on our lawn and the neighbors would just peek through the curtains like the cowards they have become.

    America is finished.

    Just look at all the click baiting crap on this site…..it knows no boundaries.

    Just go to any chat room or read the comments sections on pretty much any site…..the IQ of this country has plummeted to the point where we are living in a nation of brain dead screen addicted teenagers who don’t have a clue.

    This guy is one of the very few left who is actually sharing correct data and no click baiting.

  • kinganu

    oh…and tell that 72 year old to just max out that card and then throw it in the garbage and forget about it…..

    The system is now set up to keep your kids from inheriting anything except more debt……but hey…Americans make the best slaves a government can produce.

    We were all born as slaves and we will die as slaves so just get used to it.

    You haven’t beaten them in thousands of years so you probably won’t beat them this time either.

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