How to Get Out of Debt Before Retirement

First, make a budget

This is the first thing you need to do in order to be able to lead a debt-free life. Take a good look at your account statements and credit card bills and find out what you spend money on now. Be ruthless and cut down any expense that you think is unnecessary. With the money you save, you can not only pay off debts faster but also contribute more toward a retirement plan.