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Credit card debt at retirement age
Credit card debt at retirement age Mom has $30k in credit card debt. She just turned 65, is not working currently. She is receiving disability of about $2k per month after a liver transplant. Her 401k has 90k in it and she has 40k in savings. Should she draw from her 401k to pay off the credit cards? Or use her savings? She has 5k in her checking account. Any idea on the best sol...
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