The 10 Biggest Reasons Baby Boomers Are in Debt

As baby boomers prepare for — or are already in — retirement, the issue of debt becomes increasingly important. Indeed, those born roughly between 1946 and 1964 are planning to work to older ages than the generations before them, and they’re less likely to have a backup plan if forced to take retirement earlier than expected, according to the Transamerica Institute’s recent report “Retirement…

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