Older people are finding their retirement is being threatened by—student loan debt?
That's, right, according to a new LIMRA Secure Retirement Institute study, which found that both pre-retirees and those who've already retired are staggering under the burden of student loan debt.
One would expect that with all the headlines about student loan debt, younger generations are having trouble saving for retirement — and, indeed, that's true. But what might surprise you is that both pre-retirees, those aged 55–64, and retirees too — 65–75—still carry large amounts of student loan debt.
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