Today a lot of people over 60 are racking up a lot of debt. And not just ordinary debt, but credit card debt. Check out the story at ABC news.
Why has this happened? Well there are a number of reasons. Here are some:

not planning for retirement
poor health
economic crisis.

While we may not be able to anticipate [...]

Tags: credit card, retirement, saving
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Whether you call it the 401k, retirement fund or super most of us have an employer associated fund in which we have been saving money toward our retirement. Some people may have drawn from the fund (and as a result have been penalised for early withdrawal by having to pay up to 30%), yet others [...]

Tags: money, retirement, saving
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