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I’m 63 years old, recently divorced and have $130,000 in debt. How will I ever retire?

·5 min read
I’m 63 years old, recently divorced and have $130,000 in debt. How will I ever retire?

It takes every cent I earn to get by and pay debt service. If I were to retire today, I would draw $1,200 a month in Social Security, or $1,400 a month if drawing against my ex-husband’s account (we were married 23 years). See: Confused about Social Security — including spousal benefits, claiming strategies and how death and divorce affect your monthly income?