Retirement time bomb: Mortgage debt

Securian research reveals growing burden for boomers and retirees

Securian’s most recent debt survey, conducted in March 2013, shows many Americans who are at the age when they ideally would be debt-free (or nearly so) still carry enough debt to severely limit the lifestyle they may have hoped to enjoy in retirement.

Securian’s research paints an unsettling picture of retirement for a significant portion of 50 to 75 year olds in the US. For many, the size and duration of their debt will consume much of their retirement income.

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