Older workers with student debt have much smaller retirement account balances than their peers without the loans, a Fidelity ...
According to Fidelity Investments, among employees 50 and over who have student debt, their retirement balances are 30% lower than their peers without debt.
Retiring debt-free with $1.5 million saved isn't a guarantee of flexibility. The tradeoff is certainty versus control. For some retirees, eliminating the mortgage is worth every dollar. For others, ...
If you've been channeling extra cash into paying off your mortgage, car loan, or student debt—take a breath and ask yourself: Why am I doing this? Especially with manageable, fixed-rate debts, all too ...
Deciding whether to pay down debt or save for retirement is a common dilemma, especially for those with significant financial obligations and no savings. This decision becomes even more pressing for ...
Here's what you can do if you're over 50 and worried you'll always owe money.