This video answers the question about what people really have in debt entering retirement. This video focuses on what a retiree's debt profile looks like at age 65. The video also examines mortgage debt in retirement, credit card debt in retirement, student loan debt in retirement, auto loan debt in retirement and total debt in retirement.
Important Links:
Free "Retirement Ready" Checklist:
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Federal Reserve Board Survey of Consumer Finances:
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Social Security Administration Application for Benefits
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Current Social Security Cost of Living Adjustment
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Social Security Payment Estimator
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Disclaimer: this video is for educational and entertainment purposes only and is not meant to be a substitute for legal, accounting, tax, or professional advice. If you have any specific questions about any legal, accounting, tax or other professional service matter you should consult the appropriate professional services provider.
Modern Retirees: Debt Free or Debt Heavy??? | The Numbers
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