When you’ve reached the permanent end of your workday and finally get to live out your long-awaited retirement plan, you still need to make sure your finances will stay in good standing throughout ...
A historically large share of retirees have credit card debt, recent reports show, a sign of financial instability that worries retirement researchers. More than two-fifths of retirees carry balances ...
Credit card debt is the most common type of debt carried by older adults. High-interest debt means spending more of your budget on servicing the debt than building your future. Significant credit card ...
Nearly half of U.S. retirement plan participants carry credit card debt, reducing contributions and lowering account balances by up to 40%, according to J.P. Morgan Asset Management. The study ...