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Older Americans are getting squashed by financial obligation

, you can make more room in your budget for your needs as you age.Delay retirement. If you invest a couple of more years in the workforce, it can make a big distinction. You’ll not only offer yourself more time to pay off financial obligationbefore retirement, you’ll also postpone the age at which you begin taking Social Security advantages. And the longer you wait to claim your Social Security advantages, the higher your monthly check will be.Get aid if you require

it. Think about working with a fee-only financial consultant, who can help you develop a spending plan and a strategy to pay for debt. You can also get affordable

or free guidance from a credit counselor from the National Structure for Credit Counseling. MagnifyMoney is a price contrast and financial education website, established by previous bankers who utilize their knowledge of how the system works to assist you conserve money.MagnifyMoney

Source

http://www.9news.com/money/magnify-money/older-americans-are-getting-crushed-by-debt/466830795

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