Studies show that people who can reduce or eliminate their credit card debt and even their mortgage debt fare much better in retirement than people who still carry a lot of debt. To help you reduce your monthly credit card bills, start adding a bit more each month to your monthly payment. Your goal should be to pay off as many of your cards as possible. And if you do that before you retire, you'll save money by eliminating the interest you've been paying on that credit card debt.
If you haven't refinanced your house lately, investigate a 15-year fixed mortgage. Rates are at all-time lows, and most likely you'll live well beyond the time you pay off the mortgage.
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