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Nearing Retirement? 3 Types of Debt to Try to Shake


Although many people look forward to retirement, it can be a very tricky period of life. In fact, retirement can bring about a host of financial challenges.

Many people see their earnings decline in retirement once they stop collecting a paycheck from work and instead move over to a fixed income that consists largely of Social Security. So it's best to try to kick off retirement with as clean a financial slate as possible. Here are three types of debt you may want to aim to pay off before your retirement begins.

Image source: Getty Images.

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Source Fool.com


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