Assessment of the financial situation, determinants and the level of debt of seniors’ households
Assessment of the financial situation, determinants and the level of debt of seniors’ households

Summary/Abstract: Population ageing is, on the one hand, a natural and inevitable process that occurs in every highlydeveloped economy and, on the other hand, the biggest challenge for modern states, economiesand entrepreneurs. This problem is beginning to affect Poland as well. Older people do not forma homogeneous group in terms of financial situation. Varying income levels of seniors’ householdslead to marked differences also in the ways and purposes of spending money. Furthermore, suchhouseholds also have an adverse structure of expenditure because of a small number of householdmembers and a high proportion of fixed expenditure in the total spending.This article aims to assess the financial situation and the main causes and level of debt of seniors’households. Secondary research results were also used in order to compare the author’s resultswith the research outcomes obtained by various research and scientific institutes.

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