Consumers deserve a retirement that goes beyond what the Social Security benefits can provide.
Los Angeles-Long Beach, CA (PRWEB) August 31, 2013
On August 26, Debt Consolidation USA published an article titled “How To Deal With Debt Problems And Retire Comfortably” and it provided pre retirees with relevant tips about their impending retirement.
The article began by stating that the oldest of the baby boomer generation is already retired and so far, they are enjoying the new phase in their lives. Although some of them were forced to retire because of they were laid off from work, they are nevertheless, enjoying the fact that they do not have to work anymore. Apparently, their Social Security benefits seem to be enough for their current needs. Some of them still have debts to deal with though.
The article views this acceptance as more of a resigned way that retired individuals look at their financial condition. Debt Consolidation USA believe that consumers deserve a retirement that goes beyond what the Social Security benefits can provide.
The published article reveals two major financial problems that can affect a dream retirement: a lot of debts and lack of savings.
Pre-retirees who are deep in debt are encouraged to pay off their dues while they are still working so that they don’t have to share their Social Security and their retirement plan. Of all the debts of pre-retirees, mortgages and credit cards seem to be the most prominent.
The other hindrance to a great retirement, according to the article, is the lack of savings. While some retirees think that their Social Security will suffice, the article believes that the elderly will need the peace of mind that bigger resources will give them. The article encourages the young ones to start saving for their retirement to end up with a respectable amount when they stop working.
Debt Consolidation USA also provided the readers with tips that will help them deal with their debt difficulties. The tips are meant to help pre retirees build up their funds in time for retirement.
1. Establish retirement goals. The article explains that this will help consumers stay focused and motivated.
2. Select a debt solution to help pay for credit accounts.
3. Live without debts. A debt free life is the best preparation that someone can do for their retirement.
4. Build up retirement fund. This is to boost the resources of the retiree.
5. Find out the various retirement benefits that consumers are entitled to.
Debt Consolidation USA encourages consumer to get the help of a financial planner if they think that all these preparations will be too confusing to implement.
To read the rest of the article, visit the website of Debt Consolidation USA or click on this link: http://www.debtconsolidationusa.com/personal-finance/how-to-deal-with-debt-problems-and-retire-comfortably.html.
Debt Consolidation USA promotes debt education and personal finance to all the debt ridden consumers in the country. They have hundreds of articles all dedicated to issues about debt, debt relief and proper financial management.