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Overlooked retirement service: debt management

Retired people now need enough income to live well, while also paying off high levels of personal debt.

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If you help pre-retirees and retired clients with income planning, you know from experience that this discipline has grown more challenging. Many retired people now need enough income to live well, while also paying off high levels of personal debt. This trend is documented in a newly released study by the Employee Benefits Research Institute (EBRI), Debt of the Elderly and Near Elderly 1992-2010.

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