8 Effective Strategies for Becoming Debt-Free in Retirement

Debt is a pervasive issue affecting individuals of all age groups nationwide. The burden of high-interest credit cards and lingering student loans can impede the ability of ordinary Americans to purchase a home, go on vacations, or even establish an emergency fund. According to a recent survey conducted by AARP’s Financial Security Trends in January 2023, 42% of Americans admit to having more debt than they can handle.