Should You Tap Retirement Savings to Pay Off Rising Credit Card Debt Before Retirement?
Credit card debt is reaching unprecedented levels among Americans approaching retirement, creating a critical financial dilemma that demands immediate attention. Recent data reveals a concerning trend: 68% of retirees now carry outstanding credit card debt, representing a substantial increase from just 40% in 2022. This alarming surge has prompted many pre-retirees to consider a controversial … Read more