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Retiring with debt? More Americans are. Here are some strategies

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By Susan Tompor, Detroit Free Press

 

Rhonda and Lonnie Edwards Jr. had good middle-class jobs most of their lives. He worked nearly 35 years in an hourly union job at General Motors. She had a job in Detroit Public Schools for 13 years as an attendance agent and earlier as a parent liaison. She later worked for the state unemployment agency for another 10 years.

“We were just middle-income earners. My goal was to be debt free by the time we retired,” said Rhonda Edwards, 63.

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