Heavy Credit Card Spending Can Eat Up Your 401(k) Savings, Study Shows
Credit card debt can cut your retirement savings in half. A recent study penned by J.P. Morgan Asset Management and the Employee Benefit Research Institute examined how spending and credit card debt affects overall retirement savings. Each aspect of a household’s finances affect every other, so behavior in one aspect of financial life may indicate […] The post Heavy Credit Card Spending Can Eat Up Your 401(k) Savings, Study Shows appeared first on SmartReads by SmartAsset.