What a “tontine” could mean for your retirement savings

<p>Think of a “tontine&#8221; as a contractual lottery for money collected and invested from a group of people – except the money will ultimately go to the person who has lived the longest. It sounds like a dastardly plot (and it was, in a movie) but it was real until the early 20th century. And, some economists think a tontine could have a positive effect. We explore this with Marketplace&#8217;s Chris Farrell. Also today, Susan Schmidt discusses the markets with us. Facebook whistleblower Frances Haugen urges regulation of the company. There&#8217;s also buzz swirling around a potential work requirement for parents in order to access their child tax credit funds.</p>