Debt Causing Financial Vulnerability for Pre-Retirees Reviewed by Momizat on . According to a National Bureau of Economic Research (NBER) working paper, older persons today appear more likely to enter retirement in debt than in past decade According to a National Bureau of Economic Research (NBER) working paper, older persons today appear more likely to enter retirement in debt than in past decade Rating: 0
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Debt Causing Financial Vulnerability for Pre-Retirees

According to a National Bureau of Economic Research (NBER) working paper, older persons today appear more likely to enter retirement in debt than in past decades.  Researchers examined older individuals’ debt patterns using the Health and Retirement Study (HRS) and the National Financial Capability Study (NFCS).  With the HRS, they compared cohorts of people on the verge of retirement (ages 56 to 61) as well as people slightly older (ages 62 to 66).

To read the full article in PlanAdviser, click: Debt Causing Financial Vulnerability for Pre-Retirees.

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