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Jeremy, we have a crisis on our hands. This is scary - future retirees (if not retirees already) shouldn't have $40,000 in debt already. I'm worried that will only grow to be greater, especially as old folks rely more on their home equity to pay for retirement with reverse mortgages. Gen-Y needs to learn a lesson from the older generations - it's not what you make, but what you make of it. Keep that cash close to home!
3 years ago on Infographic – Generations and Debt