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Heres why one retiree* regrets not being debt-free when they left the workforce.

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Also, here are some myths about debt that you should be aware of now.

The job that they had to take, along with the pay, was not what they wanted.

This included providing financial assistance to family members looking to start their lives.

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Being unable to do so can lead to feelings of disappointment.

Constant Feelings of Shame

All of these factors produced a sense of shame.

They felt embarrassed about their financial situation, having to return to work and being unable to travel.

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*Note: The retiree, the client of a retirement planner, preferred to remain anonymous.

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