How to Get Your Finances Ready for Retirement
Debt is the enemy of all savers, but for people nearing retirement, it can be particularly perilous. With income limited, covering living expenses and activities is going to be hard enough. Add on high interest debt and you may find yourself downsizing your lifestyle to pay your monthly bills. To avoid this, work on paying down your debt by tackling the accounts with the highest interest rates first. Be sure to still save for retirement while doing so.
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