“There are parrots with larger vocabularies than most of us have concerning life in old age,” says the head of the MIT Age Lab. And he’s right. If we are beginning to spend one-third of our lives in the retirement stage, then we should have the benefit of thinking that meets us where we truly are.
Lessons from the Barricades: A Story of French Pensions and American Echoes
Take it from CNBC superstar Sharon Epperson- “having the ‘money talk’ with your parents isn’t always an easy conversation, but it’s important to be clear about your own financial stability and theirs. Experts in elder law say… seniors are so vulnerable to financial exploitation in part because they are incredibly private about financial matters.”
Technology, more than perhaps any other single factor, will be instrumental in enabling more adults to age in place. That’s the wish of 76% of American adults over 50, but only 46% believe they’ll be able to do so. What if existing tech- such as smart sensors to detect falls- paired with access to on-demand service providers could be leveraged to that end?
Have you heard the news? Ken Fisher hates annuities. In the oft-repeated words of the billionaire owner of Fisher Investments: “I would rather die and go to hell before selling an…
Stop me if you’ve heard this one before: the security of a guaranteed income stream can be hard to come by. At ALEX.fyi, we believe that finding a source of guaranteed…
Hey, it’s 2019… Which is why it was shocking- but not surprising- that Ken Fisher of Fisher Investments recently came under fire. Fisher is well known for his anti-annuity rants. In that regard, he may be the most economically successful internet troll in history. This was yet another thread. Addressing professionals at the elite Tiburon Summit, Fisher compared landing a client to “getting into a woman’s pants,” discussed genitalia and joked about branding employees with the name of his company.
“I always want to say to [skeptics]: ‘What do you think people should do when they retire? If it’s so easy and you don’t need an insurer involved, how much would you spend on Day 1?’ And they’re always like ‘Well I don’t know, like 4%.’ Well, 4% on what day? What about next year?”
Sabrina McLaughlin Smith 