Retiring With Debt
Recently, I came across a gem of an article from one of my many on line sources. The article is titled – Estate Planning, Taking Debt into Retirement by Mike Mahoney.
The article appeared in the on-line version of Columbus CEO magazine*. The succinct article explores the rationale of some baby boomers choosing to continue or acquire new debt into their retirement years.
Mr. Mahoney’s well-written article is worth the short time it takes to read it. He poses the question: What are some reasons for older Americans to take on debt during retirement?
According to the article: “They may be borrowing to pay for a child’s education, to manage the expense of divorce or the loss of a spouse, or to make ends meet after a late-career job loss.”
I look forward to more articles from the ColumbusCEO and Mr. Mahoney.
* The Columbus CEO magazine explores financial, business related and local trends relevant to the business community in the Ohio region and beyond.
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