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Paying off your credit cards in retirement
Americans between the ages of 50 and 70 account for $376 billion in credit card debt according to data from the New York Federal Reserve. The total household debt for U.S. seniors has risen by 543 percent over the past two decades. If you find yourself in this position, there are some simple options to pay off your debt in retirement. In Brian O’Connell’s article for Fox Business, he explains how to pay off debt in retirement. Read Mr. O’Connell’s article here…
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