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Does bankruptcy in retirement make sense?

Retirement resources
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Retirement resources

An ounce of prevention is worth a pound of cure, especially when it comes to avoiding debt in retirement.


 

 

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Overnight Averages
Product Rate +/- Last week
30 yr fixed mtg
3.67% 3.62%
15 yr fixed mtg
2.80% 2.76%
5/1 ARM
2.60% 2.58%
View rates in your area:
Product Rate +/- Last week
$30K HELOC
4.99% 5.00%
$30K home equity loan
6.17% 6.19%
$50K HELOC
4.56% 4.56%
View rates in your area:
Product Rate +/- Last week
48 month used car loan
2.93% 2.97%
48 month new car loan
2.44% 2.45%
36 month used car loan
2.87% 2.93%
View rates in your area:
Product Yield +/- Last week
6 month CD
0.45% 0.43%
1 yr CD
0.67% 0.63%
5 yr CD
1.24% 1.24%
Compare rates:
Product Rate
Balance Transfer Cards 15.92%
Cash Back Cards 16.34%
Low Interest Cards 11.01%
Compare rates:
Boomers hoping to retire are putting their small businesses up for sale in record numbers.
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