In the News

By: Donna Fuscaldo | Source: Kiplinger

“If your bank is closing a local branch, don’t panic — but don’t delay, either,” says Howard Dvorkin, CPA and Chairman of Debt.com. “Be proactive. Get support. And know that managing money in today’s world means staying flexible. With the right help, even big changes like this can become manageable.”

By: Donna Fuscaldo | Source: Kiplinger Personal Finance

“Best of all, there’s no obligation. You can hang up and walk away with that debt analysis, which can help you figure out your next steps,” “I’ve been a debt counselor for three decades now, and retirement debt is one of the saddest situations I see. There’s simply no time for any other solution except hiring a professional to help.”

By: Kiplinger Advisor Collective | Source: Kiplinger

“Even if you’re handy with home repair, you probably wouldn’t do a total kitchen renovation by yourself. The same thing goes for building a solid retirement income strategy. This isn’t simply investing in the market. You must balance principal preservation, guaranteed income and growth potential to ward off inflation. You need an expert who does this for a living so you can live the life you want.”

By: Amy Fontinelle | Source: Mass Mutual

Freezing your credit used to be a costly headache, said Howard Dvorkin, CPA and chairman of Debt.com. Then, in 2018, Congress ordered the big three credit bureaus — Equifax, Experian, and TransUnion — to offer credit freezes free of charge. It became relatively simple to freeze and unfreeze your credit online. Of course, it’s not simple if you aren’t computer savvy, Dvorkin noted. “Credit freezes massively reduce the risk of identity theft, but nothing is totally effective,” Dvorkin said. “If you freeze your credit, you still need to review your credit card statements and check your credit reports annually.”

By: Amy Fontinelle | Source: MassMutual

“Retirees need a good credit score because they’ve retired from their jobs, not their lives,” said Howard Dvorkin, CPA and chairman of Debt.com.

By: Alisa Wolfson | Source: Market Watch

It also may be — depending on the details of your situation — that you want to declare bankruptcy, says certified public accountant (CPA), Howard Dvorkin, chairman of Debt.com. “Bankruptcy was created just for these situations, when good people are stuck in a bad place. In this instance, it doesn’t matter how diligent you are and how hard you’re willing to work to get out of debt. The blunt truth is that your physical body and your financial situation cannot be overcome by sheer force of will. You need to speak with a bankruptcy attorney,” says Dvorkin.

By: Yaёl Bizouati-Kennedy | Source: GOBankingRates

“I like to tell people that they should save enough money so that once they retire they don’t have to cut back their lifestyle,” said Howard Dvorkin, CPA and chairman of Debt.com. “Today, many people retire with debt that eats up their retirement income.”

By: Lyle Solomon | Source: Nasdaq

Debt.com polled a thousand Americans, and most participants said that they are now tracking their finances, and their budgeting habit has helped them get out and stay out of debt.

By: Aimee Bohn | Source: Investment U

The CPA and chairman of Debt.com, Howard Dvorkin, warned of carrying credit card debt into retirement… Right now, [credit card] interest rates are hovering around 20%. That means you’re paying a dollar for every five you borrowed.

By: Mariano Gomez | Source: relevant radio

Howard Dvorkin, CPA, tells relevant radio how he sees more people going into retirement with debt. Dvorkin gives his best tips to avoid to plan their retirement.

By: Yaёl Bizouati-Kennedy

Howard Dvorkin, CPA and Chairman of Debt.com, tells GOBankingRates that he “can’t think of anything more ridiculous than adding crypto currency to a retirement portfolio.”

By: Gabrielle Olya | Source: GoBankingRates

“That might mean delaying retirement for a couple of years, but you’ll be glad you did,” said Howard Dvorkin, CPA and chairman of Debt.com.