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A new investing playbook is required for older Americans, who are living and working longer. Meanwhile, investors in general ...
In 2024, 68% of retirees reported having outstanding credit-card debt, compared with 40% in 2022 and 43% in 2020, according to the 2024 Spending in Retirement study by the Employee Benefit ...
Retirement is a time of life for many people when free time is in abundance but income is limited. This makes it especially important to be financially frugal and think carefully about how to ...
So if you're going back and forth about using a credit card during retirement, I've jotted down a few things to consider as you think about your retirement plan. Image source: Getty Images.
With a credit card, you can seek rewards, cashbacks, access to airport lounge, discount on shopping and dining, among other things. However, one may wonder if a card can help you save for long ...
Credit cards often get a bad reputation. But they can make your retirement days less stressful if you know how to make the most of them. So if you're going back and forth about using a credit card ...
That has serious repercussions for retirement savings. “Many older Americans with credit card debt who hope to retire soon will have to make the difficult decision of whether to pay down debt or ...
An estimated 46% of U.S. households have credit card debt, according to the 2022 Survey of Consumer Finances. The average household owes $7,226 in credit card debt and pays an average of $181 a ...
Credit card debt is the most likely form of regular payments to negatively impact people’s retirement preparation, according to a consumer sentiment survey of American consumers by ScoreSense, a ...
Credit cards can offer some reprieve in between Social Security checks or retirement account disbursements, but is it a wise move to use them at this later stage of life? Experts explain why you ...
With a credit card, you can seek rewards, cashbacks, access to airport lounge, discount on shopping and dining, among other things. However, one may wonder if a card can help you save for long ...