Susan Cannon, 73, owes nearly $40,000 across 19 credit cards. High interest rates are preventing her from retiring.

Debt can be useful at times, but carrying high-interest debt may spell trouble in (retirement) paradise.

Nearly half of U.S. retirement plan participants carry credit card debt, reducing contributions and lowering account balances by up to 40%, according to J.P. Morgan Asset Management. The study ...

Nearly 93% of retirement-age Americans carry credit card debt. Tapping into your retirement account is likely to compound your problems. Tackling credit card debt may begin with speaking to your ...

Sitting outside every morning with a fresh cup of coffee or reading a book in the front yard at night: it's the simple pleasures that matter to Susan Cannon. Lately, sky-high interest rates on the ...