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Benzinga
Benzinga
Business
Kaili Killpack

He Retired At 49 With A $4K Monthly Pension, But His $85K Debt Has Him Asking His Kids For Help – 'Ramsey Show' Hosts Weigh

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A man who retired at 49 with a steady $4,000 monthly pension and a paid-off home now finds himself drowning in $85,000 in personal loans plus another $5,000 in credit card debt. At 65, he's asking his sons for $1,000 a month to help stay afloat.

The problem? His kids are in their prime working years and have their own financial responsibilities, including plans to fund graduate school.

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