 TITLE: How to Pay Off Debt in Retirement CONTENT: You can get out of debt by following these steps and holding yourself accountable.\n*   Know what you owe\n*   Create a budget and earn extra money if necessary\n*   Decide on a debt repayment strategy\n*   Get help through credit counseling if necessary\nRead on to get started on the path to debt repayment.\nCalculate Your Total Debt\n-------------------------\nStart by getting a clear understanding of how much debt you have. Review all your accounts and add up any balances to calculate your total debt. This might include:\n*   Mortgage loan\n*   Auto loan\n*   Personal loans\n*   Home equity loans or lines of credit\n*   Credit cards\nPaying down your highest-interest debt first will reduce the amount you spend on interest. For example, if you have a credit card balance with an 18.99% annual percentage rate (APR) and a car loan with a 3% APR, paying off the credit card should be your priority. This way you can save more money to put toward your other debts. END