Carrying debt into retirement can strain your finances—here’s how to strategically pay it down and protect your fixed income.
Now, to help determine whether the income is enough, they can build a new budget based on projected spending in retirement.
Dave Ramsey shares seven key steps for retirement security, from paying off debt and investing 15% to understanding Social ...
KeyBank’s latest Financial Mobility Survey reveals that Americans are redefining financial success around resilience and debt ...
Being debt-free is a financial badge of honor. With American household debt at $18 trillion at the end of 2024, it's easy to understand why. People seek the peace of mind that comes from knowing no ...
Forbes contributors publish independent expert analyses and insights. I am the President of Diversified, a CFP and author. If you've been channeling extra cash into paying off your mortgage, car loan, ...
Jake Safane has nearly 15 years of journalism and marketing experience on topics ranging from local entrepreneurship to international banking. He has written for publications such as The Economist, LA ...
Standard personal finance advice has long been to eliminate debts around retirement, including the mortgage. The mantra “retire debt free” comes from the insight that everyday life at older ages ...
Ali Hussain has a background that consists of a career in finance with large financial institutions and in journalism covering business. mixetto / Getty Images You might prefer to pay off your ...
If you're deep in debt, you can probably still dig yourself out of it. Being very young can help your situation a lot, too. A bright financial future can lie ahead if you start making some smart moves ...