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AAP
AAP
Adrian Black

The debt burden stalking Aussies in retirement

Martin North Dean Lewins Housing Market Insurance
A growing number of Australians are carrying mortgage debt into retirement. (Angela Brkic/AAP PHOTOS)

More and more Australians are delaying retirement as the dream of home ownership becomes a nightmare at the end of their working life.

The number owning their home outright has halved in the past 20 years, census data shows, while the proportion of over-65 households with a mortgage has more than tripled.

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