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Retiring With Debt? Try These 5 Tips Now to Improve Your Financial Security.


Society's notion of retirement is often one of relaxation and pursuing our passions after decades in the workforce. But that's not the reality for many seniors. Many have difficulty saving enough to cover their basic living costs, and some are struggling under the weight of mortgages, credit card debt, medical bills, and more.

Even a small amount of debt can be stressful for those who weren't able to save much throughout their careers. And I'll be honest: There's not always an easy fix. But here are five things seniors can try to maintain their financial security when retiring with debt.

Image source: Getty Images.

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Source Fool.com


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