I see many retired people that still have big mortgages on their homes. We sacrificed to be debt free by the time we were in our mid 50's. That was the best retirement planning ever. With no debt retirement is a lot less stressful financially.
Jakeof OH12:52AM February 24, 2010
I want to know how many people thinking of retirement are carrying a real heavy student loan debt. This debbt would have been resolved but businesses went bankrupt leaving me holding the bag. NOW THE COLLEGE LOAN LENDER SAYS GO AHEAD AND FILE BANKRUPTCY, BE MY GUEST i'LL GET MY MONEY FROM THE FEDERAL GOVERNMENT SUCKER. tHESE ARE THE SAME BANKERS THAT HAVE RECEIVED ALL THE FREE MONEY FROM THE FEDERAL GOVERNMENT AND HAVE BEEN GIVEN FEDERAL APPROVAL TO SOCK IT TO THE CONSUMER. wHAT IF I DON'T WANT TO CARRY A BANKRUPTCY INTO RETIREMENT WHY DOESN'T THE FEDERAL GOVERNMENT GIVE SOME RELIEF TO jOE cONSUMER OR WOULD THAT INTERFERE WITH THE GIVEAWAYS TO THE BANKERS AND OTHER BUSINESSES THAT HAVE DELIBERATELY POSOINED THE AMERICAN WORKERS AND BEEN AWARDED FOR IT. i'M LOOKING FOR HELP. THANK YOU.
jOE LANCASTERof NY4:41PM January 10, 2010
I retired in January 2008 with a well-rounded 401K sufficient to pay off my mortgage and leave a nice portfolio to supplement my retirement and SS check. Then the recession hit and out the door and into some wealthy executive's pocket went my mortgage retirement funds. Our capitalistic society is controlled by a wealthy few without regulation. Don't count your chickens before they are hatched.
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Jake of OH 12:52AM February 24, 2010
jOE LANCASTER of NY 4:41PM January 10, 2010
JohnRT of LA 3:02PM December 22, 2009