Individuals approaching retirement should prioritize paying off high-interest debts, such as personal loans, credit cards, and auto loans, because these debts can reduce savings and lower the standard of living.

Authors

• Person: Not available Organization: Vanguard
  How to plan for retirement | Vanguard

Sources

• How to plan for retirement | Vanguard investor.vanguard.com Vanguard via serper

Referenced by nodes (2)

• car loan concept
• personal loans concept