1 in 5 Millennials expect to die with debt

(CNBC) - The average millennial (aged 18 to 34) had about $32000 in personal debt excluding home mortgages last year according to Northwestern Mutuals 2018 Planning & Progress Study. That debt can feel both crushing and endless. Just over 60 percent of millennials (classified here as those aged 18-37) with debt dont know when or if theyll ever be able to pay off what they owe according to a new CreditCards.com report. That includes roughly 42 percent of millennials who dont know when theyll be able to wipe out their debt and almost 20 percent of those who expect to die in debt. Read More