Reuters/Andrew Burton Debt from college, mortgages and credit cards can take a huge chunk our of your retirement savings. It's no secret that being in debt during your working years can prevent you from saving for retirement. But carrying that debt with you into retirement is just as dangerous, if not more so. Once you move over to a fixed income, you can't afford to have a chunk of it eaten up by debt payments, whether it's the good kind or the bad. That's why one of your priorities should be t...
Reuters/Andrew Burton Debt from college, mortgages and credit cards can take a huge chunk our of your retirement savings. It's no secret that being in debt during your working years can prevent you from saving for retirement. But carrying that debt with you into retirement is just as dangerous, if not more so. Once you move over to a fixed income, you can't afford to have a chunk of it eaten up by debt payments, whether it's the good kind or the bad. That's why one of your priorities should be t...
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