A recent survey of about 2,000 American retirees aged 62 and 75 found many burdened with debt.
Some likely ran out of time to pay off their debts before retiring. Others may have entered the red or deepened their debt after leaving work.
Money Talks News’ recent article, "This Is the Most Common Debt Among Retirees — by Far” provides the most common type of debt retirees report and other debts that are part of retirement for many people.
Retirees said they also were burdened with these types of debt in 2022:
Reference: Money Talks News (Jan. 9, 2023) “This Is the Most Common Debt Among Retirees — by Far” (https://www.moneytalksnews.com/10-dumb-mistakes-nearly-everyone-over-40-makes/)
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