What Retirees Need to Know About 3 High-Cost Financial Products

Retirees are being flooded with offers for high-cost financial products. Here's how to sort through the pile.

Retirement should be a time when you can kick back and smell the roses. But for many retirees, managing savings and benefits is a full-time job, and not an easy job, either. Poor choices could cost you your home, jeopardize your health care, or leave you without enough money to pay the bills in your later years.

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