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Retirement Regret: #9 Paying off debt before saving for retirement

Retirement Regret: #9 Paying off debt before saving for retirement

Thursday, April 13, 2017, 12:40 PM

When faced with the prospect of saving for the future or paying down debt, people struggle deciding which takes precedence: contributing to retirement or paying off debts? Because time is so crucial when planning for retirement even if it’s few decade away, it’s best to devise a strategy that allows you to pay down debt while still making some headway, however minor, toward retirement.
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