Do You Need Credit Even After You Retire?

After decades of work, you may be ready to put your credit profile to rest. Who needs credit after they retire?

You do—you need credit even after you retire. There are multiple reasons, and we will discuss them right here.

Why Credit is Important, Ever

For starters, let us go back a couple of years (not much more than that, right?) to your teenage years. Ideally, you were just starting to build credit upon your 18th birthday.

Back then, you built your credit in anticipation of applying for credit cards, buying a home, leasing a car, taking out loans, etc. Without a good credit score and excellent credit history, you would not

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