End-of-the-Year Money Moves

Baby Boomers Too Indebted

Are Too Many Baby Boomers Too Indebted?

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Financial burdens could alter their retirement prospects.   Imagine retiring with $50,000 of debt. Some new retirees owe more than that. Outstanding home loans, education debt, small business loans, and lingering credit card balances threaten to compromise their retirement plans.   How serious is the problem? A study...

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