Spend Your IRA Money Before You Die (10 16 23)

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📀 Netflix: DVDs Out, Immersive In-Person Experiences In

Netflix just ended its mail-order DVD service. Now the streaming giant is focused on a different type of physical product.

According to Bloomberg, the company will open two “Netflix House” locations in the United States in 2025.

Inside of these destinations, fans “can immerse themselves in the worlds of their favorite TV shows, shop for clothing, eat themed food and maybe even try a Squid Game obstacle course.”

Featuring “a mix of retail, dining and live experiences,” Netflix House sounds similar to Disney Springs or Universal CityWalk in Orlando. It’s not quite a theme park. But it’s theme park-adjacent.

According to Bloomberg’s reporting, Netflix House is primarily a response to criticism that the streaming company hasn’t successfully marketed the content on its platform.

“Management views Netflix House more as a way to promote its titles than as a meaningful source of revenue, at least for now.”

💵 Today’s Top Stories
IRA

Families can no longer stash wealth in an IRA and keep it for generations without paying Uncle Sam. Here’s why inheriting an IRA has become a migraine-level headache. Read more.

Amazon box

If you’re not a Prime member, Amazon no longer offers free shipping on orders below $35. That’s $10 more than the previous standard. Read more.

Mansion

Here’s the price tag of the most expensive house in every state – including this $250 million mansion in California. Read more.

Share data

A Clark listener recently got an offer in the mail. Upon investigating, he realized a credit bureau had sold his Social Security Number and credit profile. Is that legal? Read more.

📊 Stat of the Day

📱 51.2%: The share of online holiday shopping that U.S. consumers will complete via mobile devices (read: phones) this year according to one survey. It’s the first time mobile devices account for a higher share than computers. The total expected spend: almost $222 billion, a 4.8% increase from 2022.

💰️ Deal Alert: Today’s Top Deals
Alaska
Outlet extender
🎙️ Podcast

Christa reads the latest "Clark Stinks!" submissions and Clark responds. Also, do you know what will happen to your money when you die? There are several important things you need to do so your loved ones know how to access your accounts.

☎️ Need Money Help?

The Team Clark Consumer Action Center is a free helpline that can help you navigate your money questions. Call 636-492-5275. Visit clark.com/cac for more information.

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