Breaking News

Thursday, August 21, 2014 - 10:15am

More People Retiring with Debt

News

POSTED: Tuesday, November 30, 2010 - 10:45am

UPDATED: Tuesday, November 30, 2010 - 10:47am

Two fifths of retired Americans say they've accumulated debt in their later years and aren't worried about paying it off in their lifetime.

That's according to a survey done by CESI Debt Solutions.

More than half of the retirees that were surveyed had saved less than $50,000, but retired anyway.

That means their survivors will have to use their inheritance to pay off the debt before benefitting themselves.

Comments News Comments

Post new Comment