Would you like to retire in debt?
Got an interesting article through on my RSS reader today with some startling research regarding debt and retirement. According to a survey by Help the Aged & Barclays up to 25% of retirees now enter retirement with outstanding consumer debt. (See the article here)
A scary thought really, especially with all the recent buzz surrounding reduced pensions/pension crisies. How on earth can those pensioners be expected to repay those debts when they’re on a reduced income?
If one things for sure – debt is one thing I don’t want to be facing when I’m in retirement!
