Thursday, November 10, 2016

Retirees Are Racking Up Credit Card Debt?

New statistics point out an alarming financial problem. $6,876. That is the average amount of credit card debt owed by an American household headed up by an individual aged 65-69.1 If you are newly retired or close to retiring, that figure may alarm you. It is more than twice the amount of Social Security’s maximum […]

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