Ron Insana: The 2024 inflation scare has arrived, but there are still signs of hope for investors U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., March 20, 2024. U.S. Federal Reserve Chair Jerome Powell holds a press […]
The Complex Truth About Reverse Mortgages
The Complex Truth About Reverse Mortgages In TV commercials, pitchman Tom Selleck hawks the virtues of reverse mortgages. But are they a lifeline for retirees, or a hoax? The truth is complicated and nuanced. An Unsavory Reputation. “Reverse mortgages are viewed much more positively by economists than by advisors,” said Michael Finke, Frank M. Engle […]
Half of Americans Without Retirement Plans at Work
Half of Americans Without Retirement Plans at Work Nearly half of workers in the U.S. do not have access to retirement plans at work, according to a new AARP study. Nearly 57 million people — 48% of American private sector employees ages 18 to 64 — work for an employer that does not offer either […]
Seniors Are Not Selling Their Homes
80% Of Seniors Are Not Selling Their Homes – Here’s The Financial Strategy They’re Using Instead New data from the American Advisors Group shows that the overwhelming majority of seniors do not intend to sell their homes in older age and have no intention of ever moving. 82% of seniors say they want to live […]
