THE TRUTH ABOUT YOUR FUTURE with Ric Edelman

Did you know that 500 million people worldwide are watching eSports, with 40% aged over 35? This week and next, we're diving into the fascinating world of video gaming and eSports for an eye-opening look at the billion-dollar industry that's transforming lives and creating opportunities. Let's explore the rise of professional eSports athletes and the schools dedicated to teaching gaming skills. Su...

Today's episode is nothing short of a thrill ride as we delve into the fascinating convergence of movie making and game making. With blockbuster video games now boasting budgets and timetables similar to Hollywood movies, we explore the growing entanglement of these two industries. As we journey deeper into the franchise and environmental models, we'll discuss how this shift will impact the future...

Imagine a world where streaming games becomes more profitable than streaming music or TV. We're diving into the fast-paced world of video games in this exhilarating episode, discussing how gaming is set to change the way we consume content and create new business opportunities. With an estimated three billion people expected to play games on their phones, the potential for streaming and subscripti...

Did you know that consumers are expected to spend a whopping $185 billion on video games this year? That's five times more than what they'll spend at the movies and 70% more than they'll spend on Netflix. Video games are taking over as the future of home entertainment. Let's explore the rapidly growing industry, debunking common misconceptions about who plays these games, and discussing the new bu...

Can you imagine having your crushing medical debt wiped out with just the stroke of a pen? Today, we explore the fascinating world of medical debt relief programs and the non-profit organization, RIP Medical Debt, that's making waves. But we also consider the implications of these programs - do they reward those who don't pay their bills and punish those who do? We're also thrilled to have Ray Scl...

What if you could attend community college for free, regardless of your age, income, or immigration status? That's right - Boston has just made this dream a reality for many! Join us as we discuss the implications of this groundbreaking decision and the exciting opportunities it presents for those considering higher education. We also dive into the debate surrounding who's really footing the bill...

When faced with the emotionally challenging task of finding a trustworthy caregiver for a loved one, where do we begin, what factors should be considered, and how do we account for costs? Let's discuss important aspects such as language, culture, patient comfort level, and the possible need for a geriatric care manager to oversee the caregiving process. Subscribe to podcast updates Ask Ric | Ric's...

Imagine a world where major companies like MasterCard and Venmo embrace crypto, making transactions safer and effortless. Join us as we explore these fascinating advancements and discuss how you, too, can stay current with the latest technology! Subscribe to podcast updates Ask Ric | Ric's Books ----- Links from today's show: Mastercard Launches Crypto Credential Service for Cross-Border Transfers...

Imagine a world where the security of your transactions is significantly improved, thanks to the power of blockchain technology. We dive into the exciting news of this groundbreaking solution and discuss how it validates the potential of this emerging field. Check out our insightful conversation about the future of technology, innovation, and personal finance that will make you rethink the notion...

What if there was a thriving luxury goods marketplace that couldn't be replaced by automation? Let's chat about the importance of rethinking college and career choices. Join us for an enlightening conversation with Mark Roithmayr, CEO of the Alzheimer's Drug Discovery Foundation (ADDF), as we discuss ADDF's approach to funding research. As we venture further into the world of Alzheimer's, we explo...

Could you imagine waiting years for a life-changing treatment that may never come? That's the harsh reality facing millions of Americans suffering from Alzheimer's disease. I discuss the bleak outlook for revolutionary cures or treatments, the scarcity of specialists, and the high cost and limited availability of diagnostic tests and drugs for Alzheimer's patients. Learn why it's crucial to have s...

Ever wondered what happens when you put virtual reality (VR) headsets on cows? You'll be amazed by the results as I discuss a fascinating experiment conducted by a Turkish cattle breeder and rancher! Discover how this innovative application of VR technology led to a whopping 40% increase in milk production – but also raised some critical ethical questions about the use of such technology. Plus, do...

Remember when you were 24 and couldn't wait to move out of your parents' house? Times have changed, and now half of Americans under 30 are living with their folks. But are these young adults actually saving money, and how does this trend impact the entire family's financial well-being? I share my thoughts on navigating this new family dynamic, emphasizing the importance of open communication and s...

Imagine realizing that your Social Security benefits could be reduced by 23% in the near future - what would you do? In today's episode, I tackle the alarming issue of the Social Security Trust Fund's impending insolvency and discuss various predictions on when it will go broke. Find out the implications for both retirees and workers, and learn how millions of Americans might be affected by reduct...

What happens when your kids graduate college with unrealistic expectations about their future careers and salaries? We tackle the harsh truth many students face in today's job market, including the surprising number of Generation Z students who dream of working at Google. We discuss the importance of guiding our children towards a fulfilling and sustainable career path, including helping them unde...

Are you tired of the confusion surrounding crypto regulations? You're not alone! Even the US Chamber of Commerce is voicing their frustration and supporting Coinbase in their lawsuit against the SEC. Listen in as I discuss the potential consequences of regulatory uncertainty, its impact on businesses and investors, and what the future might hold for cryptocurrency. Plus, don't miss out on today's...

Did you know that 14 years ago, 10,000 Bitcoins were used to purchase two large pizzas from Papa John's? Today, those same Bitcoins are worth a jaw-dropping $270 million! Join us as we celebrate Bitcoin Pizza Day and share an insight into the world of crypto investing, including the mining rewards Bitcoin miners receive and how that could affect the price of Bitcoin in the future. Plus, we'll intr...

Did you know that major organizations like Sports Illustrated, Ticketmaster, BoxOffice, and even the NFL are now using blockchain technology to enhance their products? Join me as I explore how these companies are selling NFTs and giving customers access to special features like photos, videos, collectibles, rewards, and more. Subscribe to podcast updates Ask Ric | Ric's Books ----- Links from toda...

Is the world of crypto a utopia or a wild west? In this episode, I discuss the recent $3.4 billion fraud case won by the Commodity Futures Trading Commission, highlighting the dangers that still persist in the emerging market of crypto. Tune in for this crucial conversation about protecting your investments and navigating the ever-evolving world of crypto. Subscribe to podcast updates Ask Ric | Ri...

Can speaking a second language actually help you avoid dementia and Alzheimer's disease? Today's episode reveals a fascinating new study that suggests just that – but there's a catch. You need to be bilingual from an early age. Join me as I discuss this intriguing topic and how it could impact your future and the future of your loved ones. I also explore the additional benefits of being bilingual,...

What if your job could be done by a computer? How can you ensure that your child's college degree will still be relevant in a decade? IBM's recent announcement to stop hiring workers for jobs that can be performed by ChatGPT, a generative AI, sparks an important conversation about the future of our careers and the education of our children. As technology advances at a rapid pace, it's crucial to e...

What if your pension plan fails to deliver on its promises? How will the government tackle the massive shortfall in public pension funds? Join me as I unravel the complex issue of underfunded pension plans and their potential consequences for retirees. Discover the reasons behind the staggering $1.5 trillion shortfall and the tough decisions governments and politicians will have to make in order t...

Discover the driving force behind the remarkable rise of older workers in the workforce and how blockchain technology is revolutionizing the car title industry in this fascinating episode. Join us as we discuss the latest statistics revealing that the 55+ crowd is now the fastest-growing segment of the workforce, and the reasons behind this trend—such as punctuality, less sick days, and greater ma...

The rise of robots and AI is inevitable. But how will it impact our future? In this episode, Ric explores the massive growth of the robotics and AI industry and how it's set to change the world. But for investors who want to diversify their portfolios with AI and robotics, they wonder if investing in these futuristic technologies is overhyped and unreliable. Let's dispel these myths once and for a...

Discover how innovative living spaces are transforming the lives of those with Alzheimer's and dementia across the globe in today's enlightening episode. I reveal how these groundbreaking communities foster autonomy and accomplishment while providing a more compassionate alternative to traditional nursing homes. From New Zealand to France and the Netherlands, I examine the unique features of these...