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…”
