Retiring without debt is an ideal scenario that's out of reach for many. One type of debt in particular is most commonly ...

Credit cards can work well during retirement if you have good financial habits. If you need immediate access to cash, you can tap into your credit card. You can use the credit card rewards feature to ...

These advantages, however, only hold if balances are paid in full. Once interest builds, the benefits disappear. A $7,484 balance at 21% interest can cost more than $1,500 a year, draining funds that ...

Retirement is a time of life for many people when free time is in abundance but income is limited. This makes it especially important to be financially frugal and think carefully about how to pay for ...

The old adage ‘Retire without debt’ may be going the way of the electric typewriter and rotary phone. A new analysis from the personal finance site LendingTree finds that 97% of retirement-age adults ...

Following years of heightened inflation that has pushed costs up, retirees are increasingly turning to their credit cards – carrying balances at much higher rates than in the past. This year, 68 ...

Credit card debt is the most common type of debt carried by older adults. High-interest debt means spending more of your budget on servicing the debt than building your future. Significant credit card ...

When we imagine people owing money on their credit cards, we may be inclined to conjure up images of younger folks whose debt got ahead of them. The unfortunate reality, though, is that plenty of ...

Credit cards often get a bad reputation. But they can make your retirement days less stressful if you know how to make the most of them. So if you're going back and forth about using a credit card ...