Everyday Wealth

As we close our second and final season of Edelman Financial Engines’ Everyday Wealth™ , Jean and wealth planners Isabel Barrow and Andy Smith discuss how to plan for the right retirement for you. Included in the conversation are what considerations to make when planning, like what your vision of retirement is from a life and financial standpoint, and how a planner can help you get there. Then, Je...

The SECURE 2.0 Act that passed in December 2022 has over 90 provisions to encourage more people to save for retirement. But weeding through those provisions can be daunting. In this episode of Edelman Financial Engines’ Everyday Wealth™ , Jean and wealth planner Isabel Barrow go through some of those changes that may have a big impact on retirees and pre-retirees, including provisions to employer...

It’s a brand new year full of predictions: predictions about geopolitical events, the economy, and what the stock market will do in 2024. But should you pay attention to any of them? In this episode of Edelman Financial Engines’ Everyday Wealth™, Jean and wealth planner Andy Smith discuss why predictions, while important for governments and business, may not be so important when it comes to indivi...

Happy New Year! In this episode of Edelman Financial Engines’ Everyday Wealth™, we present an encore presentation of one our most requested shows – “How to start a small business or side hustle.” When you’re starting a small business or a side hustle, there are many important factors to consider to help make it a success. In this episode, Jean is joined by wealth planner Andy Smith as she shares h...

In this special edition of Edelman Financial Engines’ Everyday Wealth™, we’ve curated some of our favorite interviews with experts around the topic of transitioning into retirement. First, Jean and wealth planners Isabel Barrow and Andy Smith talk to Dr. Riley Moynes on how to navigate what he calls the four phases of retirement. Then, Jean interviews Marcia Mantell about Social Security claiming...

This special episode of Other People's Pockets was produced with support from and sponsored by Edelman Financial Engines’ Everyday Wealth™ podcast. Today on Other People's Pockets, you're going to hear what it's like to receive financial planning advice, and the person receiving the advice is ... me! My income, savings, and retirement goals will get scrutinized by Isabel Barrow, a director of fina...

It’s almost New Year’s Day, which means millions of people will make New Year’s resolutions, including financial ones. Unfortunately, data suggests that only 9% of Americans who make resolutions will complete them. In this episode of Edelman Financial Engines’ Everyday Wealth™, Jean and wealth planner Isabel Barrow discuss how to help improve your financial outlook in the new year and what steps t...

In this episode of Edelman Financial Engines’ Everyday Wealth™, Jean and wealth planners Andy Smith and Isabel Barrow answer questions from listeners. Topics include strategies for taking Required Minimum Distributions; the purpose of owning bonds in a portfolio as opposed to just equities and cash; the difference between several types of funds like Exchange-Traded Funds, institutional funds and n...

’Tis the season of giving and many people will be donating to charities this year, but it can be confusing to navigate who to give to and how. In this episode of Edelman Financial Engines’ Everyday Wealth™ , Jean and wealth planner Andy Smith explore different giving vehicles, like donor-advised funds and qualified charitable deductions. They’ll discuss how a planner can help you develop a giving...

The concept of never retiring is more common that we might think. A recent survey by The Wall Street Journal found that some potential retirees say that they never intend to retire – not due to financial issues, but by choice, and for a wide variety of reasons. Jean and wealth planner Isabel Barrow explore what it means to never retire in this episode of Edelman Financial Engines’ Everyday Wealth™...

Today, it seems like we’re constantly bombarded with negative news about economic or geopolitical events – all of which can cause stress, anxiety and fear. And for some people, that fear, combined with the volatility we often see around these events, may cause them to get out of the stock market. In this episode of Edelman Financial Engines’ Everyday Wealth™ , Jean and wealth planners Andy Smith a...

The holidays are a time for family, and for some, for the first time since the pandemic, multigenerational gatherings, which makes them the ideal time to talk with your family about your estate plan. In this episode of Edelman Financial Engines’ Everyday Wealth™ , Jean and wealth planner Andy Smith discuss how to broach the topic of estate planning – from what to say to who to say it to – and how...

The holiday season is a stressful time for many reasons, including financial solutions. That’s why now is the perfect time to go through your end-of-year financial checklist. Not only to make sure that your finances for this year are optimized, but also to prepare for the year ahead. In this episode of Edelman Financial Engines’ Everyday Wealth™ , Jean and wealth planners Andy Smith and Isabel Bar...

Retiring overseas may seem like a dream, but there are important things to consider before packing up and moving to a new country. In this episode of Edelman Financial Engines’ Everyday Wealth™ , Jean is joined by wealth planner Andy Smith to talk about what those considerations are – from language and culture differences to taxes, property ownership and health care. Later, Jean discusses the tech...

According to a recent study by HealthView Services, the potential projected lifetime health care costs for a 55-year-old couple could be more than $1 million, not including costs for long-term care, and that number continues to rise. In this episode of Edelman Financial Engines’ Everyday Wealth™ , Jean and wealth planner Isabel Barrow discuss the different options for health care plans available t...

Sudden wealth sounds great, but it can also be very stressful and even detrimental to your health and wealth. In this episode of Edelman Financial Engines’ Everyday Wealth™ , Jean and wealth planner Andy Smith cover the financial aspects of “sudden wealth syndrome,” a type of distress that afflicts individuals who suddenly come into large sums of money, and what considerations need to be made in t...

There's been a surge in sports betting over the past few years and some studies suggest that there may be a link between gambling and stock market speculation. In this episode of Edelman Financial Engines’ Everyday Wealth™ , Jean and wealth planner Isabel Barrow discuss the rise in speculative investing and the dangers that it can pose for your long-term financial security. Then, Dr. Wei Hu, vice...

In this episode of Edelman Financial Engines’ Everyday Wealth™ , Jean and wealth planners Isabel Barrow and Andy Smith answer listeners’ questions. Topics include: life insurance, tax-efficient planning strategies, inherited IRAs and Roth IRAs and the potential tax implications of each, long-term care, emergency funds, reliable retirement income streams and more! And remember, if you have a questi...

According to a survey by the Cornell Family Reconciliation Project, 27% of Americans, approximately 68 million people, are now estranged from their family. In this episode of Edelman Financial Engines’ Everyday Wealth™ , Jean and wealth planner Andy Smith address the financial side of estrangement and the estate planning challenges for changing family dynamics including multigenerational wealth tr...

Fraud and scams are on the rise. Last year, Americans lost a record $3.82 billion to investment fraud - an increase of 128% from the previous year. In this episode of Edelman Financial Engines’ Everyday Wealth™ , Jean and wealth planners Andy Smith and Isabel Barrow share how to identify the different types of scams, how to keep personal and financial information more secure, and what to do if you...

There’s a very good chance that your taxes are about to go up. That’s because the Tax Cuts and Jobs Act of 2017, a massive overhaul of the tax code for both businesses and individual taxpayers that reduced taxes for many people, may expire if Congress doesn’t act to extend it. In this episode of Edelman Financial Engines’ Everyday Wealth™ , Jean and wealth planner Isabel Barrow discuss ways to sta...

The rise of artificial intelligence (AI) has raised concerns for some when it comes to their personal finances. In this episode of Edelman Financial Engines’ Everyday Wealth™ , Jean and wealth planner Andy Smith discuss the ins and outs of AI, including ChatGPT, and the opportunities and risks that it may present. Then, David Goldberg, senior vice president and chief data and analytics officer at...

In this special episode of Edelman Financial Engines’ Everyday Wealth™ , we’re revisiting three of our most popular guest interviews, all focused on living longer and how to plan for it. First, Jean speaks to Ken Dychtwald, founder of Age Wave, about how retirement is changing and what retirees can do to prepare both financially and mentally for a longer life. Then, Jean welcomes Michael Clinton,...

There’s a growing trend of people going through retirement alone. Whether it’s because of the loss of a spouse, the rise in divorces among baby boomers, or entirely by choice, more and more retirees are going through their golden years solo. In this episode of Edelman Financial Engines’ Everyday Wealth™ , Jean is joined by wealth planners Andy Smith and Isabel Barrow to talk about the challenges o...

With a rapidly changing housing market and soaring mortgage rates, many people are questioning if now is the right time to buy. In this episode of Edelman Financial Engines’ Everyday Wealth™ , Jean and wealth planner Isabel Barrow explore that question by dissecting today’s housing climate and weighing in on the factors you need to consider before buying a home. Then, they talk to Jessica Lautz, d...