CBS News MoneyWatch: Preparing for a Recession

by: Jeff H | in Economy, News, Press Coverage

Sagewell CEO Sam Zimmerman contributed to a recently published CBS News article about helping seniors prepare for a recession.

“Soaring inflation, painfully high gas prices, and fear of a looming recession have many Americans worrying about their financial security.

If you have inflation and a recession combined together, it’s a whole different beast,” said Sam Zimmerman, CEO of Sagewell Financial, a banking company geared toward seniors. “This is a time for action. The quicker you move, the more agency you have in reducing the impact of a recession.”

Given the darkening economic forecast, what should you do with your money, and how can you prepare for a possible recession…”

Click here to read the whole article at CBS News

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