(Want to get this briefing by email? Here’s the sign-up.)

Good morning.

Here’s what you need to know:

Bankruptcy booms for older Americans

• The rate of people 65 and older filing for bankruptcy is three times what it was in 1991, a study has found, driven by a shift of financial risk to individuals from the government and employers.

The shrinking of the social safety net includes longer waits for full Social Security benefits, the replacement of employer-provided pensions with 401(k) savings plans and more out-of-pocket spending on health care.

• “You can manage O.K. until there is a little stumble,” said an author of the study. “It doesn’t even take a big thing.” Here are tips on saving for retirement.