Retirement Yenta has been contemplating her impending retirement…yet again. Something that occurred to her recently was debt and what one would do if one had debt and a fixed income. Your dear Yenta thinks Retirement Debt is a bad thing. Imagine having a fixed income and a pre-set portion of that income goes directly to debt. Oy gevalt–that would be bad! Retirement Yenta suggests that you cover your tuchas and get rid of your debt BEFORE you retire.
Retirement Yenta says: Retirement Debt is not a good thing. Pay debt now, so you don’t owe a thing. Save now, so you can buy some bling.