If not carefully managed, debt can shackle a retiree, but if carefully managed, debt can also be a powerful financial tool. You can make it work in your favor throughout retirement. However, if you want to make the most of debt advantages, and minimize debt advantages, you need to understand exactly how debt works, and how it’s relevant to your retirement. If you’re feeling overwhelmed about the idea of managing your own retirement, don’t worry; managing debt leading up to and during your retirement is easier than you might think. The Downsides of DebtMost people understand that it’s beneficia…