Pay off Debt or Save for Retirement?

retirement-nest-egg

Pay off Debt or Save for Retirement?

By: Barb Miller, Bankruptcy Specialist at LSS Financial Counseling

Wow … what a loaded question! We always hear how crucial it is to get rid of toxic debt, especially high interest credit cards. Therefore, people generally assume that paying off debt rather than investing for retirement is the correct answer. In my opinion, this is not really an either/or proposition. The best approach? Do both! Continue reading