Thursday, September 21, 2017
How Debt Is Threatening Retirement Dreams
Many Americans are bringing more than just their bucket lists with them into retirement. According to a recent analysis by MagnifyMoney, the site I co-founded, of data from the University of Michigan Retirement Research Center (MRRC) Health and Retirement Study, a growing number of Americans are carrying burdensome debt into their 50s and beyond.
The biennial MRRC study surveys more than 20,000 Americans 50 and older on a range of financial topics. MagnifyMoney found the latest results revealed a number of debt trends that threaten to undermine the retirement goals of many older Americans. . .