Noah Shidelower

And if a lot of their equity goes down, if the housing market kind of collapses a little bit, that will get messed up for a lot of people. And it's hard for older Americans to downsize as well because there's... you know, not a lot of houses on the market right now that are selling for affordable rates. With inflation, there's many different ways of analyzing it.

There's a measure that we use called the Alice Essentials Index.

There's a measure that we use called the Alice Essentials Index.

There's a measure that we use called the Alice Essentials Index.

They look specifically at what's considered an essential. So grocery costs, for example, or housing, other sorts of medical expenses. This is what people need to survive. So this is a very interesting metric that we use to look at, well, OK, how is inflation impacting the economy? the person who is 75 and still working and is very cautious about their spending.

They look specifically at what's considered an essential. So grocery costs, for example, or housing, other sorts of medical expenses. This is what people need to survive. So this is a very interesting metric that we use to look at, well, OK, how is inflation impacting the economy? the person who is 75 and still working and is very cautious about their spending.

They look specifically at what's considered an essential. So grocery costs, for example, or housing, other sorts of medical expenses. This is what people need to survive. So this is a very interesting metric that we use to look at, well, OK, how is inflation impacting the economy? the person who is 75 and still working and is very cautious about their spending.

And it's indicative that inflation is rising a little bit more for some of those essentials than it is for some of the other goods that they might not be purchasing on a daily basis.

And it's indicative that inflation is rising a little bit more for some of those essentials than it is for some of the other goods that they might not be purchasing on a daily basis.

And it's indicative that inflation is rising a little bit more for some of those essentials than it is for some of the other goods that they might not be purchasing on a daily basis.

I don't think that there's really a type of unnecessary panic. There's a lot of change happening right now. There's a lot of uncertainty occurring right now. And people have lost a lot of money. When the S&P is down 10 plus percent this year, that's a lot of money that older Americans were relying on. It's a little scary for a lot of people. This is a lot of money that people were banking on.

I don't think that there's really a type of unnecessary panic. There's a lot of change happening right now. There's a lot of uncertainty occurring right now. And people have lost a lot of money. When the S&P is down 10 plus percent this year, that's a lot of money that older Americans were relying on. It's a little scary for a lot of people. This is a lot of money that people were banking on.

I don't think that there's really a type of unnecessary panic. There's a lot of change happening right now. There's a lot of uncertainty occurring right now. And people have lost a lot of money. When the S&P is down 10 plus percent this year, that's a lot of money that older Americans were relying on. It's a little scary for a lot of people. This is a lot of money that people were banking on.

And... They don't know if they should be tapping into their 401ks. They don't know if they should be relying more on other sorts of income and then they won't touch their 401k. So it's definitely all very valid. But I also think some of them are a little bit misguided. especially because Social Security benefits have not been cut. They have not cut Medicaid yet.

And... They don't know if they should be tapping into their 401ks. They don't know if they should be relying more on other sorts of income and then they won't touch their 401k. So it's definitely all very valid. But I also think some of them are a little bit misguided. especially because Social Security benefits have not been cut. They have not cut Medicaid yet.

And... They don't know if they should be tapping into their 401ks. They don't know if they should be relying more on other sorts of income and then they won't touch their 401k. So it's definitely all very valid. But I also think some of them are a little bit misguided. especially because Social Security benefits have not been cut. They have not cut Medicaid yet.

They have not touched Medicare yet. We just don't know what will happen. And we have been hearing from a lot of financial experts who this is their job. They speak with people who have been doing this for 30, 40 years, and they say you should stay tight, hang on, and don't do anything too drastic that you may regret later.

They have not touched Medicare yet. We just don't know what will happen. And we have been hearing from a lot of financial experts who this is their job. They speak with people who have been doing this for 30, 40 years, and they say you should stay tight, hang on, and don't do anything too drastic that you may regret later.

They have not touched Medicare yet. We just don't know what will happen. And we have been hearing from a lot of financial experts who this is their job. They speak with people who have been doing this for 30, 40 years, and they say you should stay tight, hang on, and don't do anything too drastic that you may regret later.