The fastest growing age group of people who declare bankruptcy are seniors. How is that possible? Isn't it true that seniors are the richest generation, benefiting from high real estate values and company pensions?

While some seniors are financially secure, a large group of seniors face serious financial challenges.

In today's podcast, Dr. Lee Anne Davies, co-author of When Life Bites You in the Wallet, discusses the financial challenges faced by seniors, and gives practical advice for over-coming Bag Lady Fears.