06/03/2012 11:30 am ET Updated Jun 06, 2012

The Dirty Little Secret About Baby Boomer Debt

Recently, I wrote a Next Avenue blog post urging parents of this year's college grads to stress the importance of avoiding the bad habits that lead to massive debt. But after reading some unsettling research published this week, I now believe that Americans in their 50s and 60s are the ones who really need help — and they better act soon or they’ll be putting their retirement in serious jeopardy.

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