Susan Cannon, 73, owes nearly $40,000 across 19 credit cards. High interest rates are preventing her from retiring.

Debt can be useful at times, but carrying high-interest debt may spell trouble in (retirement) paradise.

Nearly half of U.S. retirement plan participants carry credit card debt, reducing contributions and lowering account balances by up to 40%, according to J.P. Morgan Asset Management. The study ...

Nearly 93% of retirement-age Americans carry credit card debt. Tapping into your retirement account is likely to compound your problems. Tackling credit card debt may begin with speaking to your ...

The old adage ‘Retire without debt’ may be going the way of the electric typewriter and rotary phone. A new analysis from the personal finance site LendingTree finds that 97% of retirement-age adults ...

Forbes contributors publish independent expert analyses and insights. I write about the non-financial aspects of retirement planning. When the movie “About Schmidt” came out in 2002, our neighbor Gene ...