Many #seniors are using retirement funds to pay off debt. In this video, Eric Olsen, Executive Director of the HELPS Nonprofit Law Firm, explains why using retirement funds to pay off debt is a bad idea. Jeff Hoyt is SeniorLiving.org’s Editor-in-Chief. To learn why seniors don't have to worry about old debts, see https://youtu.be/FDlyud-vG90 For how to deal with debt collectors, watch https://www.youtube.com/watch?v=b7Xg5O0dJAY To learn how seniors can avoid paying taxes, watch https://www.youtube.com/watch?v=xv7Om8SAIAM Subscribe to SeniorLiving.org on YouTube: https://www.youtube.com/channel/UCIYQwu7wEpLyijISnF5Z6eA?sub_confirmation=1 For more tips for seniors: https://www.seniorliving.org/ To contact the HELPS Nonprofit Law Firm, call 1-855-435-7787 or visit helpsishere.org. If you're interested in joining the hundreds of thousands of families who've found senior living communities on SeniorLiving.org, read the reviews on our website: https://www.seniorliving.org/housing/ -~-~~-~~~-~~-~- Like to save money? Please watch: "The Best Senior Citizen Discounts" https://www.youtube.com/watch?v=kvC8qRPKi1w -~-~~-~~~-~~-~-