Reported 11 months ago
A report from the Education Data Initiative states that around 20% of US adults are dealing with outstanding student debt, leading many to sacrifice retirement contributions. Yahoo Finance's Kerry Hannon shares tips on managing this balance, discussing strategies like using employer-matched student loan payments towards a retirement account to aid young workers in saving for their future while paying off debt. This initiative aims to alleviate financial strain and encourage early retirement saving. Visit Yahoo Finance for more expert insights and market updates.
Source: YAHOO