Canadians of all ages are awash in credit card debt, often paying exorbitant interest rates. Unfortunately, debt is becoming embedded in our society. With the financial squeeze and increased unemployment rates, it’s more difficult than ever for most people to pay off their debts and save for retirement. Retirement can and should be an enjoyable and relaxing time of life, but for Canada’s aging population, it can bring about financial difficulties, stress and anxiety. Many seniors are forced to live on significantly reduced incomes in their later years, making everyday living expenses and monthly bills more difficult to afford.