The number of people over age 60 who carried debt into retirement jumped from 1998 to 2010.
According to the Center for Retirement Research at Boston College, debt among retirees has surged from 10 percent to 18 percent of their assets.
The Center's Squared Away Blog said individuals with higher incomes were among those to see increased debt in retirement, from 57 percent in 1998 to 70 percent in 2010, a 13 percentage point rise. That figure rose by 17 percentage points for middle-income earners and by 14 percentage points for low-income retirees.
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