Over half of older Americans say their debt has “held them back” in life, according to new research from Talker Research.
A survey of 2,000 Gen X (55+) and baby boomer Americans explored how debt is affecting those who are close to or in retirement and found that 72% of respondents have accumulated debt, with over 50% reporting they are overwhelmed and fear they will never pay it off.
Related: Are You Actually on Track to Retire Well? A Financial Expert Reveals the Critical Milestones to Hit at Every Age — Plus 3 Common Oversights.
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