On this episode:
Half of Americans over the age of 55 do not have a will. This is an essential piece of the estate planning process and can help families avoid fights and alleviate a lot of the anguish, anger and fear during life’s most trying times. Listen to Ric Edelman explain who a will is actually for, and why you need to create one today.
A young couple getting married turned to crowdfunding to pay for their wedding. Millions of Americans depend on the government and Social Security to fund their retirements. If you are not taking personal responsibility for your financial future, you could be duping yourself and destined for disappointment. Listen to Ric Edelman explain how to avoid falling into this trap.
A stunning $86 billion of student loan debt is owed by Americans over the age of 60. That’s because an increasing number of parents and grandparents are co-signers on student loans. Listen to Ric Edelman deconstruct this growing crisis and explain creative alternatives to a traditional college education that could be lower cost.
The personal savings rate in this country is at its lowest level since 2008 and on a 60-year downward trend. That’s why the Consumer Federation of America created America Saves Week, which starts this week. George Barany, director of America Saves, joins Ric Edelman to discuss what you can do about this problem and how to reverse these trends.
These callers were prerecorded and prescreened.
An index is a portfolio of specific securities (common examples are the S&P, DJIA, NASDAQ), the performance of which is often used as a benchmark in judging the relative performance of certain asset classes. Indexes are unmanaged portfolios and investors cannot invest directly in an index. Past performance does not guarantee future results.
This material was prepared for informational and/or educational purposes only. Neither Financial Engines Advisors L.L.C (also referred to as Edelman Financial Engines) nor its affiliates offer tax or legal advice. Be sure to consult with a qualified tax or legal professional regarding the best options for your particular circumstances.
In March 2008 The Lies About Money was named Personal Finance Book of the Year by the Axiom Business Book Awards for earning the Gold Medal in the category of Personal Finance. This award was presented by Jenkins Group Inc., operators of IndependentPublisher.com.
Truth About Retirement Plans and IRAs. The Washington Post, Washington Bestsellers Paperback Nonfiction/General. April 20, 2014.
The Top 40 Independent Advisory Firm Ranking issued by Barron’s is qualitative and quantitative, including assets managed, the size and experience of teams, and the regulatory records of the advisers and firms. Firms elect to participate, but do not pay to be included in the ranking. Investor returns/experience are not considered. 2018 ranking refers to Edelman Financial Services, LLC. (EFS), which combined its advisory business in its entirety with Financial Engines Advisors L.L.C. (FEA) in November 2018. For the same survey, FEA received a precombination ranking of twelfth.
Truth About Your Future. The New York Times Book Review Advice, How-To and Miscellaneous. April 16, 2017.