Stale Beefcake: '70s Hunks Have Something to Sell to Your Mom
The heartthrobs of the '70s aren't gone: They've become pitchmen, selling all sorts of things to America's moms. So in honor of Mother's Day, here are a few of our favorites.
The heartthrobs of the '70s aren't gone: They've become pitchmen, selling all sorts of things to America's moms. So in honor of Mother's Day, here are a few of our favorites.
Celebrities make big bucks from endorsements, and the financial industry hires them to push its services too. We've compiled a list of five financial products endorsed by some famous faces that you really shouldn't take at face value.
You may have heard of reverse mortgages as a way for seniors to tap the equity in their homes to pay for living expenses, but there are other ways that older homeowners are using their homes to get by.
The reverse mortgage was invented to help seniors facing economic hardship access the equity in their homes. But these loan products are complicated, expensive and ripe for abuse, which lead a reader named Fred to ask DailyFinance's Laura Rowley for some advice. Here's what she told him:
More than 8,000 Baby Boomers are turning 60 each day, and many have made serious miscalculations about what they'll need in retirement. So Elder advocate Marion Somers, Ph.D., is crisscrossing the country again to spread the word: "This country is going to be hit with a geriatric tsunami and we are not prepared."
The two biggest banks in the reverse mortgage business are getting out of it. Now, Bank of America and Wells Fargo accounted for less than half of the reverse mortgages in America, and other lenders are still writing them. But seniors in financial trouble should explore theses alternative ways to stay in their homes.










