Retiring into a manufactured home is the only viable option.

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Some 40% of baby boomers will see their living standards drop in retirement, according to The Wall Street Journal. That’s 15 million American households that will see a downgrade in their lifestyle.

It gets worse. One in three boomers have zero money saved for retirement. And six in 10 have less than $10,000. High debt levels are to blame: Boomers are entering retirement with more debt than ever before.

The average boomer has $99,000 in debt. Too much debt and too little savings are making boomers rethink their retirement plans.

For many, retiring into a manufactured home is the only viable option. For some investors, this makes the market ripe for opportunity.

Read more: https://www.marketwatch.com/story/trailer-park-stocks-prove-to-be-resilient-in-market-slumps-and-recessions-2018-11-15

Flipkart CEO Binny Bansal resigns over allegations of ‘serious personal misconduct’ — TechCrunch

Flipkart, the India-based e-commerce firm owned by Walmart, has lost its Group CEO Binny Bansal after he resigned from the company following an investigation into “serious personal misconduct.” Bansal founded Flipkart in 2007 with Sachin Bansal (no relation) and he had served as its CEO since 2016, before going on to become CEO…

via Flipkart CEO Binny Bansal resigns over allegations of ‘serious personal misconduct’ — TechCrunch

Poynt raises $100M for its smart payment terminal — TechCrunch

Elavon, a U.S. Bank-owned payment processing company, and National Australia Bank have participated in the $100 million Series C for Poynt, a developer of smart payment terminals and an open operating system that powers any payment terminal worldwide. Palo Alto-based Poynt was launched in 2014 by Osama Bedier, the former vice president of Wallet and Payments at Google. Prior…

via Poynt raises $100M for its smart payment terminal — TechCrunch

Amazon confirms NYC and Arlington, VA as the site of its dual new HQ — TechCrunch

After months of deliberations, data dumps, short lists and wish-lists, Amazon has finally announced the location of its second headquarters, HQ2, and as it has been widely reported, “2” is the important detail here: Amazon has named not one, but two different cities, New York (specifically, Long Island City in Queens) and Arlington, Virginia, as the sites of its new HQs…

via Amazon confirms NYC and Arlington, VA as the site of its dual new HQ — TechCrunch

Yanagita hits ‘sayonara’ home run to lift Japan over MLB — National Post

TOKYO — Yuki Yanagita hit a two-run walkoff home run in the bottom of the ninth inning Friday to lift Japan to a 7-6 win over the MLB All-Stars in the opening game of a six-game exhibition series. Juan Soto, Carlos Santana and Amed Rosario had all homered…

via Yanagita hits ‘sayonara’ home run to lift Japan over MLB — National Post

Michelle Obama rips Trump in new book — National Post

WASHINGTON — Former first lady Michelle Obama blasts President Donald Trump in her new book, writing how she reacted in shock the night she learned he would replace her husband in the Oval Office and tried to “block it all out.” She also denounces Trump’s “birther” campaign questioning her husband’s citizenship, calling it bigoted…

via Michelle Obama rips Trump in new book — National Post