The recession forced everyone to adjust their lifestyles, but it has particularly affected Hispanic boomers, according to a recent survey from AARP.
Over 20 percent of survey respondents said they had lost a job in the last year. The loss of employer-sponsored health insurance has had a noticeable effect. One-third of respondents report more debt on their credit cards, and 35 percent said they had cut back on medications. Five percent were forced to file for bankruptcy and 11 percent had utilities turned off. Of those who hadn’t lost a job, 32 percent suffered a pay cut.