One of the primary concerns for individuals nearing retirement is the desire to be debt-free. While this is a noble goal, it raises several questions about financial strategy, liquidity, and credit scores. While being debt-free may feel like a significant milestone, it is crucial to consider the broader financial picture. In the latest episode of the podcast, Jake Doser, CFP®, CPWA® and Nicholas J. Colantuono, CFP® discuss the various aspects of debt management and its implications on retirement planning.
Here’s what we discuss in this episode:
0:00 – Today’s question
0:54 – Considerations
2:57 – Do you need to be debt free?
5:44 – Credit score
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