Most financial advisors tend to focus on how much you need to save. But it's equally important to cut your debt load as retirement approaches--especially your credit cards and mortgage.
Unfortunately, pre-retirees today are carrying unprecedented levels of debt, which could become a big problem for them when they're ready to stop working. So, anyone aiming to retire in the next decade or so should consider taking a crash course in slashing your debt. This week at MoneyWatch.com, I report on the key steps to slashing debt ahead of retirement.