Saving for life after retirement isn't an easy task for many, particularly with how expensive the cost of living is today. Mary Liz Burns, senior director of Communications Strategy at AARP, joined 'Stretching Your Dollar' to talk about "pre-tirement" savings and how those close to the end of their professional careers can plan for life financially after retirement.
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Tesla sales jump after months of boycotts
Tesla reported a surprise increase in sales in the third quarter as the electric car maker likely benefited from a rush by consumers to take advantage of a $7,500 credit before it expired on Sept. 30. The company reported Thursday that sales in the three months through September rose 7% compared to the same period a year ago. The gain follows two quarters of steep declines as people turned off by CEO Elon Musk’s foray into right-wing politics avoided buying his company’s cars and even protested at some dealerships. Sales rose to 497,099 vehicles, compared with 462,890 in the same period last year.
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Private equity group buys game co. Electronic Arts for $52.5 billion
Electronic Arts, the video game maker of “Madden NFL,” “The Sims,” and other popular titles, is being acquired and taken private for about $52.5 billion in what could become the largest-ever buyout funded by private-equity firms.
