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magii Inc. Shares How Debt is a Big Threat to a Long, Happy Retirement

Something important to consider when getting closer to retirement: the amount of debt you have and how it can cause major problems in the future.

HAUPPAUGE, N.Y., Aug. 30, 2014 /PRNewswire-iReach/ -- magii, Inc, a prominent employee benefits, retirement advisory, and wealth management firm based in Hauppauge, NY, shares what debt can do to a future retirement for people who soon plan on doing so. It does not matter the type of debt-credit card debt, student loan debt or mortgage debt-the threat of debt is very real.

(Photo - http://photos.prnewswire.com/prnh/20140828/140874)

The problem of debt is the same whether someone is retiring or not. It is hard for many Americans to take care of their debts in general, but when someone becomes of retirement age, and their income becomes much more fixed than it was before, it becomes far harder to budget debt.

Mark Gajowski, CFP, CLU, CEBS founder and CEO of magii says, "There are many steps a retiree, or will-be retiree, can take to get out of their financial problems. It may be more difficult with debt, but it can be mitigated in several ways. All you need is some help, and magii can do that."

magii, Inc is an employee benefits consultant and retirement advisory firm for successful business executives and near retirees who desire financial peace of mind. magii is located in Long Island, NY and serves clients in New York, New Jersey and Connecticut.

Media Contact: Mark Gajowski, magii, 631-434-8200, [email protected]

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