At age 65, and older, live debt free?

I am 57. I think I can retire around 66-67. Either year, I will make around $45-$50 thousand in social security and my job retirement account. I will have NO debts by then; including mortgage, credit cards, etc. My biggest worry is medical bills and property taxes, which I pay every 3 months. A lot of people... show more I am 57. I think I can retire around 66-67. Either year, I will make around $45-$50 thousand in social security and my job retirement account. I will have NO debts by then; including mortgage, credit cards, etc. My biggest worry is medical bills and property taxes, which I pay every 3 months. A lot of people believe you have to have some debts, just to stay in the credit world 'radar,' but others say be "debt free'. What do you think I should plan for?
20 answers 20