Why Credit Card Debt Matters in Retirement

In the 1980s, 38% of U.S. households headed by someone over age 65 carried debt. Today, the percentage has jumped to 63%, with credit cards being the most common type of debt among the retirement-age crowd.

Credit card debt matters in retirement, even if you can comfortably make the monthly payments. Here's why.

Image source: Getty Images.

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Source Fool.com