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More than 25% of retired investors are paying down mortgage, credit card debt

Over a quarter (26%) of retired investors continue to pay off their mortgage, and precisely one-quarter of the cohort are continuing to pay down credit card debt, according to a new survey from the Nationwide Retirement Institute.

The U.S. retirement population is getting older at a faster rate and are also confronted with inflation as an impediment to making ends meet. According to the survey, 22% of older investors are concerned about their ability to afford typical monthly bills.

“The picture of life after retirement has changed for many details ⇒

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