Our daily roundup of retirement news your clients may be thinking about.
Don’t let clients drag their mortgage into retirement Data from the Consumer Financial Protection Bureau show that more baby boomers make the mistake of carrying mortgage debt into their golden years, according to this article in The Washington Post. Clients are advised to avoid this mistake to improve their financial prospects by retirement, experts say. "My philosophy with regard to debt is when you retire your debt should be retired," says Ken Moraif, senior financial adviser with Money Matters. -- The Washington Post
Register or login for access to this item and much more
All Bank Investment Consultant content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access