Nationwide, Columbus, Ohio, released its annual Advisor Authority study, powered by the Nationwide Retirement Institute, finding that 26% of retired investors are still paying mortgages and 25% are paying off credit card debt.
Tag: Retirement
Most Americans Falling Behind on Retirement Planning
A report from Clever Real Estate, St. Louis, shows the majority of Americans are not saving enough money for their retirement—and retirees are living beyond their means.
Survey: ¾ of Homeowners Say Mortgage Negatively Affects Ability to Save
Seventy-seven percent of U.S. mortgage holders say the size of their mortgage has a negative impact on their ability to save money for the future, according to a survey by Bankrate.com, New York.