Category:
Retirement

Senior citizen at work

Retired and in Debt: Help for Senior Citizens

By Joey Johnston | May 15, 2018

Debt is a growing threat to the retirement plans of Americans. In fact, the only time most retirees will be out of the hole will be when they get put…

Top 5 Retirement Roadblocks and How to Clear Them

By Joey Johnston | March 23, 2018

A disturbing number of Americans are speeding toward a financial cliff called retirement. Unless they change their saving habits, they may well barrel over the edge and land in poverty.…

coins sprouting a plant savings concept

Retirement Account Changes in 2017

By Joey Johnston | December 21, 2016

After a year of political upheaval and economic uncertainty, it might come as a relief that 2017 holds few surprises for retirement savings. For the fourth year in a row,…

Money Secrets and Lack of Planning Harm Retirement Dreams

By Joey Johnston | October 20, 2016

By all accounts, David and Margie Stapleton did an admirable job reaching their financial goals before retirement. They have a minimal home mortgage and moderately low debt. Their three children…

Sources:

  1. Grant, T. (2018, April 4). Older people increasingly loaded down with personal debt. Retrieved from http://www.post-gazette.com/business/money/2018/04/04/Older-people-most-affected-by-personal-debt/stor
  2. Bhattarai, A. (2017, January 16). Student debt now affects a staggering number of elderly Americans. Retrieved from https://www.washingtonpost.com/news/business/wp/2017/01/16/student-debt-now-affects-a-staggering-number-of-elderly-americans/?utm_term=.285c4637acb2
  3. NA. ND. Does Your Mortgage Retire With You? Retrieved from https://www.americanfinancing.net/reverse-mortgage/mortgage-options-after-retirement
  4. Copeland, C. (2018, March 5). Debt of the Elderly and Near Elderly, 1992. Retrieved from https://www.ebri.org/pdf/briefspdf/EBRI_IB_443.pdf