No Free Lunch!

They say there's no such thing as a free lunch, and older investors seem to take this concept to heart.

They say there's no such thing as a free lunch, and older investors seem to take this concept to heart. Half of investors aged 65 and over strongly disliked receiving free lifetime advice in exchange for holding products, according to a Hearts & Wallets survey. “Free” advice is confusing and off-putting to some older investors, says Laura Vara, principal of Hearts & Wallets. — DB

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