Debt follows you wherever you go and according to a new poll from CreditCards.com, 25% of Americans expect their debt to follow them to the grave. There was also 65% of participants who don’t know if or when they pay off their current debt.
As you get older, it's normal to find that you have more money to spend. You may pay off your mortgage and have money to blow thanks to low credit card debt and few other expenses. However, if you continue to live this way after retirement, you could find yourself struggling in the future.
Life is expensive. Between the cups of coffee we drink every morning to the annual checkup we have with our physician, we are constantly forking over money to keep our lives moving forward. However, all those costs add up and make it difficult to continue maintaining specific expenses.