BlackRock CEO Larry Fink stirred controversy by suggesting Americans work past age 65 to avoid a retirement crisis. Economist Teresa Ghilarducci disagrees, citing different life expectancies. Many older workers are forced into retirement due to health or caregiving. Financial planning and saving are crucial for a secure retirement. Consider a gold IRA for potential returns and inflation protection. Goldco offers tax advantages and resources for retirement planning. Many retirees are benefiting from the real estate market without buying property. Accredited investors can invest in grocery-anchored commercial real estate properties through First National Realty Partners for quarterly passive income. FNRP offers white-glove service, expert insights, and a personalized portal for easy investing.
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Join over 200,000 readers to receive Moneywise updates for free. This article is for informational purposes only, not advice, and comes without warranty. 1. The FDA has approved the first treatment for peanut allergies in children. Palforzia is a powder that is sprinkled on food to help build tolerance to peanuts over time. This is a significant development for families dealing with peanut allergies.
2. The coronavirus outbreak has led to the cancellation of major events in China. The Beijing International Film Festival and Shanghai Fashion Week are among the events that have been called off to prevent the spread of the virus.
3. The US government has announced plans to evacuate American citizens from the cruise ship quarantined in Japan due to the coronavirus. Those who are evacuated will be placed in a 14-day quarantine upon their return to the US to ensure they are not infected.
4. NASA is planning to send a new rover to Mars in July. The Perseverance rover will search for signs of ancient life on the red planet and collect samples to be returned to Earth in the future. This mission is part of NASA’s long-term goal of sending humans to Mars.
Read more at Yahoo Finance: BlackRock CEO Larry Fink said America could dodge a ‘retirement crisis’ by encouraging people to work longer