In the News

Title

USA Today: Many Retirees Face Major Debt Burdens

Document Type

Article

Publication Date

4-24-2015

Abstract

You're probably well aware of studies showing that many retirees have amassed inadequate savings, but you might not know that many also are saddled with big debt loads. As of 2010, U.S. households enduring the highest levels of debt were those whose heads were aged 55 to 64, according to the Employee Benefit Research Institute. They had average debt of $107,060. Read Latest Breaking