Nearly half of U.S. retirement plan participants carry credit card debt, reducing contributions and lowering account balances by up to 40%, according to J.P. Morgan Asset Management. The study ...

The investment giant outlines a step-by-step recovery blueprint for the millions of Americans whose retirement plans have been knocked off course.

Overwhelmed by out-of-pocket medical costs, Valerie Towe and her husband, Paul, saw their debt load begin to swell last year. Facing a steady stream of bills for 77-year-old Paul’s chronic obstructive ...

In the 1980s, 38% of U.S. households headed by someone over age 65 carried debt. Today, the percentage has jumped to 63%, with credit cards being the most common type of debt among the retirement-age ...

When you’ve reached the permanent end of your workday and finally get to live out your long-awaited retirement plan, you still need to make sure your finances will stay in good standing throughout ...

Nearly 93% of retirement-age Americans carry credit card debt. Tapping into your retirement account is likely to compound your problems. Tackling credit card debt may begin with speaking to your ...

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 ...