Reported about 6 hours ago
A recent AARP report reveals that many adults aged 50 and older are struggling with credit card debt, often using it to cover basic living expenses, which complicates their ability to save for retirement. As a result, nearly half owe $5,000 or more in credit card debt, and many face the difficult choice of either paying off their debts or saving for retirement. Moreover, rising costs, particularly medical expenses, are driving this trend, putting financial security for future retirees at risk.
Source: YAHOO