THE TRUTH ABOUT YOUR FUTURE with Ric Edelman

It's Monday, April 3rd, and I thought I would share with you today some of the emails that I have been receiving from all of you over the past several months. There's a lot of really interesting commentary here that's I think, worth sharing with you. ----- Links from today's show: 3/7 podcast The Premium/Discount Feature of Digital Asset OTC Trusts WeCanRise.com Certificate in Blockchain and Digit...

So can we blame millennials who don't want to work hard? Is it really their fault when they're raised this way to expect everything to be handed to them, to never have to suffer the experience of failure, sacrifice, delayed gratification? We have millennials demanding that the government waive their student loan debt. ----- Links from today's show: 3/20 podcast Bitwise event information Investment...

I want to tell you about Jeffrey Cutter. He's a financial advisor in Massachusetts. He operates his own firm called Cutter Financial Group, and he manages about $134 million for about 400 clients since 2014. For the past nine years, Jeffrey Cutter has been selling annuities to his clients, and he never told them that he's been collecting commissions of 7% to 8%. All this in addition to the 2% annu...

You've been hearing a lot about ChatGPT, haven't you? That's a chat bot that writes term papers. It even passed the bar exam and now the company that makes it says 80% of US jobs are going to be impacted by this new software. That's because ChatGPT and other programs like it are all about artificial intelligence, and they're going to be able to write code, do math with more accuracy and consistenc...

Let me ask you a basic, simple, fundamental question. Why are you going to college? Why are you sending your kid to college? Well, it's because getting a college degree helps you prepare for a career, right? And that career pays more money than the careers that are available to people who don't go to college. That's the fundamental thesis, isn't it? Well, let me tell you about the 10 worst paying...

It's Monday, March 27th, and I am astonished that Wells Fargo is paying yet another $300 million to settle yet another class action lawsuit. In this particular case, this lawsuit alleged that the bank forced hundreds of thousands of its customers to buy unnecessary insurance when getting an auto loan. This is just the latest in a long string of financial fines and lawsuits, settlements that Wells...

It's Friday, March 24th. I want to talk about old people today. Yeah, those who are 65 plus, we're talking about a group of the US population that represents 17% of everybody in the US, but they have 75% of all the wealth in the US. We're talking about $70 trillion that are owned and controlled by people 65 and older over the next 20 years. All that money, $70 trillion, is going to be transferred...

It's Thursday, March 23rd. Yesterday, we talked about the four-day workweek. If you work one day less a week, maybe you can work more years, meaning your body might not get worn out so quickly. And if working fewer days a week lets you stay in the workforce longer, that might be really good for your long-term health. A new study says that if you retire early, you could indeed damage your health. -...

It's Wednesday, March 22nd. 100 years ago, odds were high that you lived and worked on a farm. That was a 24/7/365 job because, you know, cows and pigs and chickens, they never take the day off. They got to be fed or milked or always cared for and crops always needed tending to every day. The Industrial Revolution gave us the six-day workweek. Sunday was off for religious reasons. Eventually, that...

It's Tuesday, March 21st. I often talk about tech on this show because our technological innovations are changing the planet. We're growing so accustomed to them that tech innovations are just not getting anybody terribly excited about them anymore. I've deliberately waited a few weeks to bring you today's story because I wanted to make this point. ----- Links from today's show: Farewell to the la...

It's Monday, March 20th. It's the first day of spring. Awesome. Hey, you know, everybody, of course, wants to have a secure financial future, but millions of Americans are setting themselves up for financial failure instead. That's because of their poor judgment, their immature behavior and their bad decisions. And I might well be talking about your adult children. ----- Links from today's show: A...

It's Friday, March 17th. Happy Saint Patrick's Day. Aren't you glad I reminded you so you can be sure to wear green? All this week, we've been focusing on how the future is changing, particularly the future of society. If you missed any of these shows, go listen to them. The links are all in the show notes. Today, this is our last segment of this series. I want to again focus on the topic of death...

It's Thursday, March 16th. All this week, we're focusing on how the future is changing society. Today we're going to talk about another aspect of society that's changing - the changing nature of funerals or more specifically, burials. New York just became the sixth state in the country to allow human composting as a method of burial. ----- Links from today's show: Self-Care with Jean Edelman Podca...

It's Wednesday, March 15th. All this week we're focusing on how the future is changing, particularly the future of society. Today we're going to talk about another aspect of society that's changing - the role of grandparents. ----- Links from today's show: 3/13 Podcast 3/14 Podcast Global X Aging Population ETF (AGNG) Brought to you by: Global X ETFs Invesco QQQ Schwab ----- Subscribe to podcast u...

It's Tuesday, March 14th. All this week, we're focusing on how the future is changing the future of society. Yesterday, I told you how the institution of marriage is changing. Today, we're going to talk about another aspect of society that's changing our attitude about disability. Plus, I'll talk to you about what's going on in the banking world. ----- Links from today's show: Americans with Disab...

It's Monday, March 13th. Thanks for joining me. This podcast, as you know, is devoted to telling you about the future. And normally that means I'm talking about technological innovation, exponential technology in particular. But these aren't the only reasons that our future is changing. It's not just because of technological innovation. Society itself is changing as well. ----- Links from today's...

It's Friday, March 10th. And I want to ask you a question. Does anybody use Bitcoin for anything other than illegal activities? You'd be amazed how many people make that claim that the only purpose of Bitcoin is illicit activity. They use it for drug money or for terrorist financing, or just for outright hacking and thievery. It's nonsense. And I've got the proof right here. ----- Links from today...

Welcome to the 100th episode of The Truth About Your Future podcast. I've been doing radio for 32 years and in January a year ago, we converted the radio show into this new daily podcast. I'm excited that you're still with me on this journey and I'll now shift from looking backward to the start of this podcast - January of 2022 - to the future, and I want to share with you what the future of retir...

It's Wednesday, March 8th. Earlier this week, for a couple of days, I was telling you about the absurdity of the Social Security system, referring to full retirement age, when in fact it has nothing to do with being full at age 66. I said that what the Social Security system needs to do is get rid of the term full. Well, guess what? Four senators have now just introduced legislation that would ind...

It's Tuesday, March 7th, and we have a crisis with our Social Security trust fund. You've heard me talk about this an awful lot. I'm going to set that up for you so you understand exactly what the problem is. And then I'm going to tell you a crazy solution. I wonder maybe if it might work. You'll be the judge. ----- Weigh-in on Ric's idea to save Social Security: Ric's Facebook Ric's Twitter Ric's...

I want you to define the word 'full' for me. What does full mean? Well, I think you would say that full means full. No more; at capacity; topped out. If I ask for a full glass of water, you're going to pour water in that glass until you can't pour any more water into the glass. Right? Full means full. We're done. Well, unfortunately, that word has been incorrectly used by the Social Security Admin...

Bitcoin Ordinals: The Newest Crypto Innovation Exclusive interview with crypto tax expert René Chaze Self-Care with Jean Edelman: How To Bring Balance Into Your Busy Life ----- Links from today's show: Self-Care with Jean Edelman Podcast The Certificate in Blockchain and Digital Assets Brought to you by: Global X ETFs Invesco QQQ Schwab ----- Subscribe to podcast updates The Truth About Your Futur...

It's Thursday, March 2nd. Today, I'm speaking at the Future of Digital Assets Symposium in Washington, DC. The event is hosted by the Milken Institute in collaboration with UNC and Duke University. My topic is digital innovation and security. It's an invitation only event. Pretty impressive roster of attendees, so I'm excited to be among the speakers doing gigs like this, consulting in the financi...

Hey, did you know that 22% of us adults now own Bitcoin or other digital assets? 22% of US adults. But it's 43% of adults under the age of 25 who own crypto. Yeah, nearly half of them. So if you're selling a product to the under 25 crowd, you should probably consider including Bitcoin in your business plan. And guess who's doing that? ----- Links from today's show: Orion's Ascent Advisor Conferenc...

It's Tuesday, February 28th. When I ask you a question, when should you start to receive your Social Security benefits? All financial advisors pretty much say the same thing. If you're in good health and you can afford to delay, then delay. Even though you're allowed to start receiving Social Security retirement benefits at age 62, you'll be better off in the long run if you wait until you're 70....