Do credit scores matter for retirement?

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Do credit scores matter for retirement?

Rounding it up

  • Your retirement doesn’t show up on your credit score, but retiring can impact your credit rating in other ways.

  • Having a good credit score in retirement can make it easier to get good rates on loans and credit cards.

  • Retiring with a low credit score can make it more difficult for you to get financial assistance when you need it.

  • Regardless of what your score is when you retire, you can improve your credit rating after you stop working by continuing to make payments on time and in full whenever possible.

7 min read

Gaby Pilson
#Credit score#retirement#savings

Gaby Pilson

Gaby Pilson is a writer, educator, travel guide, and lover of all things personal finance. She’s passionate about helping people feel empowered to take control of their financial lives by making investing, budgeting, and money-saving resources accessible to everyone.

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