Americans will pay off an average of $1,786,810 in debt between ages 18 and 78, according to new research by JG Wentworth. The analysis covers mortgages, auto loans, student debt, and credit cards over 60 years of adult life. Housing consumes the largest portion at $1,117,860, representing 62.6% of total lifetime debt. Car loans add $245,297, credit cards cost $387,985, and student loans average $35,668. Debt peaks twice during typical lifetimes: first at age 38 when buying a home ($320,092), then at 61 with a second home purchase ($370,259). Geographic location creates dramatic differences, with Hawaiian residents facing $2,570,976 in lifetime debt while West Virginians pay just $1,391,240. The study used national borrowing patterns and current lending standards, though actual debt varies based on individual financial decisions and circumstances. (Story URL)
Study Shows Americans Face $1.8 Million In Lifetime Debt
Dec 16, 2025 | 7:01 PM