When Will You Be Debt Free?

Jul 11, 2013 by

Ia debt free woman read recently that the average American “expects” to be debt free by age 53. That struck me as unrealistic given other data in the news about Americans’ notoriously poor preparation for retirement. But I suppose one does not have to be debt free to retire, though it would surely help!

Do You Aim to Be Debt Free? By What Age?

So let’s do our own poll of Money Counselor readers. I’m betting that people who cruise personal finance sites are more likely not only to have a goal of becoming debt free—they’re more likely to actually achieve it.

Please indicate your expectations in the comments below.

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