THE TRUTH ABOUT YOUR FUTURE with Ric Edelman

President Biden's student loan forgiveness program has relieved five million borrowers, yet many still face significant financial stress, often replacing student debt with other burdens like credit card debt. The relief, while appreciated, is deemed insufficient to change lives fundamentally, highlighting that financial struggles persist beyond the scope of loan forgiveness. Plus, Ric highlights a critical issue with annuities: while the products themselves can be legitimate, consumers often struggle to understand them due to poor sales practices and a lack of transparency from agents, who are incentivized to prioritize commission over client education.#StudentLoanForgiveness #FinancialStruggles #DebtRelief #BidenAdministration #EconomicImpact #CreditCardDebt #HouseholdFinance #FinancialEducation #HigherEducation #PolicyDebate #Annuities #ConsumerAwareness #FinancialEducation #SalesPractices #FiduciaryStandard #InsuranceAgents #InvestmentProducts #FinancialLiteracy #Transparency #CommissionConflict-----Subscribe to podcast updates: https://form.jotform.com/223614751580152Ask Ric: https://www.thetayf.com/pages/ask-ric----- Links from today’s show: 8/13 Podcast - Insurance Industry’s Latest Battle Against Consumer Protection:  https://www.thetayf.com/blogs/this-weeks-stories/the-insurance-industry-s-latest-battle-against-consumer-protection10/9 Webinar - Crypto for RIAs: Yield, Staking, Lending and Custody. What’s beyond the ETFs?  https://dacfp.com/events/crypto-for-rias-yield-staking-lending-and-custody-whats-beyond-the-etfs/10/23 Webinar - How to Factor Longevity into Your Financial Planning: https://www.thetayf.com/pages/october-2024-webinar-how-to-factor-longevity-into-your-financial-planning9/25 Webinar Replay - Unlocking Alpha in Crypto-Equities and Beyond: https://dacfp.com/events/unlocking-alpha-in-crypto-equities-and-beyond9/20 Webinar Replay - Q4 Crypto Outlook: What You Need to Know Now: https://dacfp.com/events/q4-crypto-outlook-what-you-need-to-know-now9/11 Webinar Replay – Rates are Poised to Drop, Now What?: https://www.thetayf.com/pages/rates-poised-to-drop-now-whatBecome Certified in Blockchain and Digital Assets: https://dacfp.com/certification/----- Follow Ric on social media: Facebook: https://www.facebook.com/RicEdelmanInstagram: https://www.instagram.com/ric_edelman/LinkedIn: https://www.linkedin.com/in/ricedelman/X: https://twitter.com/ricedelmanYouTube: https://www.youtube.com/@RicEdelman----- Brought to you by: Invesco QQQ: https://www.invesco.com/qqq-etf/en/home.htmlState Street Global Advisors:  https://www.ssga.com/us/en/intermediary/etfs/capabilities/spdr-core-equity-etfs/spy-sp-500/cornerstonesSchwab: https://www.schwab.com/TAYF Disclosure page: https://www.thetayf.com/pages/sponsorship-disclosure-fee 

A biomedical engineering company is developing head transplants using robotics and AI to help patients with severe conditions retain their consciousness while receiving a new body, with potential surgeries starting within eight years. Meanwhile, studies show psychedelics can improve emotional states in rats, and non-surgical techniques using ultrasound and 3D printing are repairing tissues. Plus, Ric answers a question from a listener who is considering a corporate trustee for her new trust. While professional trustees can offer unbiased management, it's crucial to ensure that heirs can remove and replace them if necessary to maintain accountability.#HeadTransplant #BiomedicalEngineering #Robotics #AI #Psychedelics #MentalHealth #3DPrinting #NeuralImplants #Innovation #FutureMedicine #EstatePlanning #Trustee #CorporateTrustee #FinancialAdvice #WealthManagement #TrustServices #AssetManagement #FamilyTrust #Inheritance #LegalAdvice-----Subscribe to podcast updates: https://form.jotform.com/223614751580152Ask Ric: https://www.thetayf.com/pages/ask-ric----- Links from today’s show: 10/9 Webinar - Crypto for RIAs: Yield, Staking, Lending and Custody. What’s beyond the ETFs?  https://dacfp.com/events/crypto-for-rias-yield-staking-lending-and-custody-whats-beyond-the-etfs/10/23 Webinar - How to Factor Longevity into Your Financial Planning: https://www.thetayf.com/pages/october-2024-webinar-how-to-factor-longevity-into-your-financial-planning9/25 Webinar Replay - Unlocking Alpha in Crypto-Equities and Beyond: https://dacfp.com/events/unlocking-alpha-in-crypto-equities-and-beyond9/20 Webinar Replay - Q4 Crypto Outlook: What You Need to Know Now: https://dacfp.com/events/q4-crypto-outlook-what-you-need-to-know-now9/11 Webinar Replay – Rates are Poised to Drop, Now What?: https://www.thetayf.com/pages/rates-poised-to-drop-now-whatBecome Certified in Blockchain and Digital Assets: https://dacfp.com/certification/----- Follow Ric on social media: Facebook: https://www.facebook.com/RicEdelmanInstagram: https://www.instagram.com/ric_edelman/LinkedIn: https://www.linkedin.com/in/ricedelman/X: https://twitter.com/ricedelmanYouTube: https://www.youtube.com/@RicEdelman----- Brought to you by: Invesco QQQ: https://www.invesco.com/qqq-etf/en/home.htmlState Street Global Advisors:  https://www.ssga.com/us/en/intermediary/etfs/capabilities/spdr-core-equity-etfs/spy-sp-500/cornerstonesSchwab: https://www.schwab.com/TAYF Disclosure page: https://www.thetayf.com/pages/sponsorship-disclosure-fee

In the next decade, traditional bathroom fixtures will transform into advanced smart devices capable of monitoring health, enhancing relaxation, and providing a seamless, voice-activated experience, revolutionizing personal care in our homes.#SmartBathroom #HealthTech #FutureOfWellness #BathroomInnovation #ToiletTechnology #AI #AugmentedReality #VoiceActivated #HealthMonitoring #HomeAutomation-----Subscribe to podcast updates: https://form.jotform.com/223614751580152Ask Ric: https://www.thetayf.com/pages/ask-ric----- Links from today’s show: 10/9 Webinar - Crypto for RIAs: Yield, Staking, Lending and Custody. What’s beyond the ETFs? https://dacfp.com/events/crypto-for-rias-yield-staking-lending-and-custody-whats-beyond-the-etfs/10/23 Webinar - How to Factor Longevity into Your Financial Planning: https://www.thetayf.com/pages/october-2024-webinar-how-to-factor-longevity-into-your-financial-planning9/25 Webinar Replay - Unlocking Alpha in Crypto-Equities and Beyond: https://dacfp.com/events/unlocking-alpha-in-crypto-equities-and-beyond9/20 Webinar Replay - Q4 Crypto Outlook: What You Need to Know Now: https://dacfp.com/events/q4-crypto-outlook-what-you-need-to-know-now9/11 Webinar Replay – Rates are Poised to Drop, Now What?: https://www.thetayf.com/pages/rates-poised-to-drop-now-whatBecome Certified in Blockchain and Digital Assets: https://dacfp.com/certification/----- Follow Ric on social media: Facebook: https://www.facebook.com/RicEdelmanInstagram: https://www.instagram.com/ric_edelman/LinkedIn: https://www.linkedin.com/in/ricedelman/X: https://twitter.com/ricedelmanYouTube: https://www.youtube.com/@RicEdelman----- Brought to you by: Invesco QQQ: https://www.invesco.com/qqq-etf/en/home.htmlState Street Global Advisors: https://www.ssga.com/us/en/intermediary/etfs/capabilities/spdr-core-equity-etfs/spy-sp-500/cornerstonesSchwab: https://www.schwab.com/TAYF Disclosure page: https://www.thetayf.com/pages/sponsorship-disclosure-fee

While inflation concerns linger, the energy sector faces a deflationary pressure from overproduction, particularly in solar energy, leading to lower prices but threatening the profitability of producers and overall economic stability. Plus, a listener's discovery of a seemingly valuable airdropped crypto token raises red flags, and Ric warns it may be part of a scam requiring the purchase of another token to access its supposed value. And industry experts discuss the evolving landscape of bonds and interest rates, highlighting a shift toward private credit and opportunities in specific real estate sectors, while expressing concerns over China's economic future and geopolitical tensions surrounding Taiwan.#Inflation #Deflation #EnergyCrisis #SolarPower #ChinaEconomy #EconomicImpact #GlobalEnergy #AfricaDevelopment #EnergyPrices #RenewableEnergy#Bonds, #PrivateCredit, #CommercialRealEstate, #Manufacturing, #ChinaEconomy, #InvestingStrategies, #InterestRates, #RealEstateMarket, #Geopolitics, #AssetAllocation #CryptoScam #AirdropAlert #InvestSmart #CryptoInvesting #ScamAwareness #TokenTroubles #CryptoEducation #RicEdelman #FinancialLiteracy #StayInformed-----Subscribe to podcast updates: https://form.jotform.com/223614751580152Ask Ric: https://www.thetayf.com/pages/ask-ric----- Links from today’s show: Wealth Management Convergence: https://www.thetayf.com/pages/convergence10/23 Webinar - How to Factor Longevity into Your Financial Planning: https://www.thetayf.com/pages/october-2024-webinar-how-to-factor-longevity-into-your-financial-planning9/25 Webinar Replay - Unlocking Alpha in Crypto-Equities and Beyond: https://dacfp.com/events/unlocking-alpha-in-crypto-equities-and-beyond9/20 Webinar Replay - Q4 Crypto Outlook: What You Need to Know Now: https://dacfp.com/events/q4-crypto-outlook-what-you-need-to-know-now9/11 Webinar Replay – Rates are Poised to Drop, Now What?: https://www.thetayf.com/pages/rates-poised-to-drop-now-whatBecome Certified in Blockchain and Digital Assets: https://dacfp.com/certification/----- Follow Ric on social media: Facebook: https://www.facebook.com/RicEdelmanInstagram: https://www.instagram.com/ric_edelman/LinkedIn: https://www.linkedin.com/in/ricedelman/X: https://twitter.com/ricedelmanYouTube: https://www.youtube.com/@RicEdelman----- Brought to you by: Invesco QQQ: https://www.invesco.com/qqq-etf/en/home.htmlState Street Global Advisors: https://www.ssga.com/us/en/intermediary/etfs/capabilities/spdr-core-equity-etfs/spy-sp-500/cornerstonesSchwab: https://www.schwab.com/TAYF Disclosure page: https://www.thetayf.com/pages/sponsorship-disclosure-fee

The Congressional Budget Office now projects that the Social Security Trust Fund will be depleted by 2034, highlighting a critical and ongoing financial challenge. With benefits potentially cut by 23% for retirees, the need for Congress to address the sustainability of Social Security is urgent, particularly as many Americans rely on these benefits for their livelihoods. Plus, a listener's dilemma highlights the need to adapt investment strategies when transitioning from equities to cryptocurrencies, as the extreme volatility of crypto demands a different approach than traditional stock market rules.Hashtags:#SocialSecurity #TrustFund #CBO #RetirementPlanning #EconomicCrisis #BenefitCuts #PayrollTaxes #Congress #Retirees #FinancialFuture #AgingPopulation #SocialSecurityBenefits #PersonalFinance #PolicyChange #DependenceOnSocialSecurity #2034Crisis #Ethereum #CryptoInvesting #StockMarket #InvestmentStrategy #Volatility #Rebalancing #LongTermInvesting #CryptoETF #PatienceInInvesting #PortfolioManagement #SellLow #InvestmentAdvice #WealthBuilding #MarketTrends-----Subscribe to podcast updates: https://form.jotform.com/223614751580152Ask Ric: https://www.thetayf.com/pages/ask-ric----- Links from today’s show: Social Security Trust Fund: https://www.ssa.gov/policy/trust-funds-summary.htmlCongressional Budget Office: https://www.cbo.gov/publication/60691Social Security Administration: http://www.ssa.gov/Our Spot Ethereum ETFs Toolkit at DACFP.com https://dacfp.com/ethtoolkit/10/23 Webinar - How to Factor Longevity into Your Financial Planning:  https://www.thetayf.com/pages/october-2024-webinar-how-to-factor-longevity-into-your-financial-planning9/25 Webinar Replay - Unlocking Alpha in Crypto-Equities and Beyond: https://dacfp.com/events/unlocking-alpha-in-crypto-equities-and-beyond9/20 Webinar Replay - Q4 Crypto Outlook: What You Need to Know Now: https://dacfp.com/events/q4-crypto-outlook-what-you-need-to-know-now9/11 Webinar Replay – Rates are Poised to Drop, Now What?: https://www.thetayf.com/pages/rates-poised-to-drop-now-whatBecome Certified in Blockchain and Digital Assets: https://dacfp.com/certification/----- Follow Ric on social media: Facebook: https://www.facebook.com/RicEdelmanInstagram: https://www.instagram.com/ric_edelman/LinkedIn: https://www.linkedin.com/in/ricedelman/X: https://twitter.com/ricedelmanYouTube: https://www.youtube.com/@RicEdelman----- Brought to you by: Invesco QQQ: https://www.invesco.com/qqq-etf/en/home.htmlState Street Global Advisors: https://www.ssga.com/us/en/intermediary/etfs/capabilities/spdr-core-equity-etfs/spy-sp-500/cornerstonesSchwab: https://www.schwab.com/TAYF Disclosure page: https://www.thetayf.com/blogs/disclosures/important-disclosures-stone-ridge-longevity-etfs

The discussion around Central Bank Digital Currencies (CBDCs) is becoming increasingly contentious in Congress, with some lawmakers opposing government-issued digital currencies while others see their necessity as the global landscape evolves. As countries worldwide advance their CBDC initiatives, the U.S. risks falling behind unless it adapts to this digital financial future. And a preview of today's webinar at 1:00pm EDT on how to invest in stocks that are engaged in the crypto space: Unlocking Alpha in Crypto-Equities and Beyond #CBDC #DigitalDollar #Stablecoins #Congress #FinancialInclusion #GlobalEconomy #DigitalCurrency #CentralBank #IMF #Cashless #Fintech #BankingReform #Innovation #Economics #FutureOfMoney #USPolicy #AIInvesting #Blockchain #CryptoEquities #InvestmentStrategies #Webinar2024-----Subscribe to podcast updates: https://form.jotform.com/223614751580152 Ask Ric: https://www.thetayf.com/pages/ask-ric ----- Links from today’s show: September 16th TAYF episode: Why Stablecoins are the Hottest Thing in Crypto https://www.thetayf.com/blogs/this-weeks-stories/why-stablecoins-are-the-hottest-thing-in-cryptoToday's Webinar - Unlocking Alpha in Crypto-Equities and Beyond: https://dacfp.com/events/unlocking-alpha-in-crypto-equities-and-beyond9/20 Webinar Replay - Q4 Crypto Outlook: What You Need to Know Now: https://dacfp.com/events/q4-crypto-outlook-what-you-need-to-know-now9/11 Webinar Replay – Rates are Poised to Drop, Now What?: https://www.thetayf.com/pages/rates-poised-to-drop-now-whatBecome Certified in Blockchain and Digital Assets: https://dacfp.com/certification/----- Follow Ric on social media: Facebook: https://www.facebook.com/RicEdelmanInstagram: https://www.instagram.com/ric_edelman/LinkedIn: https://www.linkedin.com/in/ricedelman/X: https://twitter.com/ricedelmanYouTube: https://www.youtube.com/@RicEdelman----- Brought to you by: Invesco QQQ: https://www.invesco.com/qqq-etf/en/home.htmlState Street Global Advisors: https://www.ssga.com/us/en/intermediary/etfs/capabilities/spdr-core-equity-etfs/spy-sp-500/cornerstonesSchwab: https://www.schwab.com/TAYF Disclosure page: https://www.thetayf.com/blogs/disclosures/important-disclosures-stone-ridge-longevity-etfs 

The rapid rise of AI is triggering massive layoffs at major firms, with fears of automating 300 million jobs globally. While many industries embrace AI's potential, concerns about job security and corporate risks loom large. The talk shifts to investment strategies, spotlighting the growing intersection of AI and cryptocurrencies like Bitcoin and Ethereum. Ric also tackles listener queries on investing in these emerging technologies, emphasizing their role in shaping the future of finance and the job market.

Explore the groundbreaking use of ChatGPT-4 in national security and how multi-agent AI systems are revolutionizing problem-solving. Discover the excitement of holographic performances, like Elvis coming to life on stage. Major tech investments are fueling this AI evolution, promising innovative entertainment experiences. Plus, a sneak peek into cryptocurrency investment strategies that could help listeners tap into the booming market. The future is full of possibilities!

Ultra-processed foods, like hot dogs and chips, have been linked to an increased risk of dementia and cognitive decline, highlighting the importance of mindful eating. Adopting a healthy lifestyle—focusing on natural foods, exercise, and mental stimulation—can significantly reduce this risk and promote better brain health. Plus, an ETF to create a monthly distribution stream that's designed to age 100. We’ll talk with Nate Conrad, head of LIFEX at Stone Ridge.  Disclosures: https://www.thetayf.com/blogs/disclosures/important-disclosures-stone-ridge-longevity-etfs#DementiaAwareness #HealthyEating #UltraProcessedFoods #BrainHealth #NutritionMatters #CognitiveDecline #HealthyLifestyle #FoodForThought #PreventDementia #CleanEating #HealthyChoices #FoodEducation #LongevityRisk #RetirementPlanning #FinancialAdvisors #LifeExpectancy #InnovativeFinance #LIFEXFunds #FutureOfRetirement #WealthManagement #LongevityPlanning #FinancialSecurity----- Subscribe to podcast updates: https://form.jotform.com/223614751580152 Ask Ric: https://www.thetayf.com/pages/ask-ric ----- Links from today’s show: LIFEX Longevity Income ETFs: https://www.lifexfunds.com/ LIFEX - Stone Ridge Disclosures: https://www.thetayf.com/blogs/disclosures/important-disclosures-stone-ridge-longevity-etfsWednesday’s podcast on my election dilemma:  https://www.thetayf.com/blogs/this-weeks-stories/so-you-think-you-know-who-i-m-voting-forEdelman Financial Engines: Edelman Financial EnginesToday's Webinar - Q4 Crypto Outlook: What You Need to Know Now: https://dacfp.com/events/q4-crypto-outlook-what-you-need-to-know-now 9/25 Webinar - Unlocking Alpha in Crypto-Equities and Beyond: https://dacfp.com/events/unlocking-alpha-in-crypto-equities-and-beyond Become Certified in Blockchain and Digital Assets: https://dacfp.com/certification/ ----- Follow Ric on social media: Facebook: https://www.facebook.com/RicEdelman Instagram: https://www.instagram.com/ric_edelman/ LinkedIn: https://www.linkedin.com/in/ricedelman/ X: https://twitter.com/ricedelman YouTube: https://www.youtube.com/@RicEdelman ----- Brought to you by: Invesco QQQ: https://www.invesco.com/qqq-etf/en/home.html State Street Global Advisors: https://www.ssga.com/us/en/intermediary/etfs/capabilities/spdr-core-equity-etfs/spy-sp-500/cornerstones Schwab: https://www.schwab.com/ TAYF Disclosure page: https://www.thetayf.com/blogs/disclosures/important-disclosures-stone-ridge-longevity-etfs----- 

An interior designer specializing in college dorms, highlights a trend where students now spend an average of $10,000 on dorm furnishings—more than their tuition. This lavish spending contrasts sharply with the rising rates of grade inflation, where students achieve higher GPAs while studying less. The phenomenon raises concerns about entitlement in education and the potential long-term impacts on innovation and workforce readiness.#CollegeDorms #LuxuryLiving #InteriorDesign #StudentSpending #GradeInflation #HigherEducation #EdenBowenMontgomery #DormDecor #TuitionVsDecor #EntitlementCulture #AcademicIntegrity #FutureWorkforce #InnovateOrFade #EducationTrends #MillennialSpending-- Subscribe to podcast updates: https://form.jotform.com/223614751580152 Ask Ric: https://www.thetayf.com/pages/ask-ric ----- Links from today’s show: Yesterday’s podcast on my election dilemma: https://www.thetayf.com/blogs/this-weeks-stories/so-you-think-you-know-who-i-m-voting-for Kamala Harris Official Campaign Website Policy Page: https://www.kamalaharris.com/issues/ Donald Trump Official Campaign Website Policy Page: https://www.donaldjtrump.com/platform 9/20 Webinar - Q4 Crypto Outlook: What You Need to Know Now: https://dacfp.com/events/q4-crypto-outlook-what-you-need-to-know-now 9/25 Webinar - Unlocking Alpha in Crypto-Equities and Beyond: https://dacfp.com/events/unlocking-alpha-in-crypto-equities-and-beyond 9/11 Webinar Replay – Rates are Poised to Drop, Now What?: https://www.thetayf.com/pages/rates-poised-to-drop-now-what 9/10 Webinar Replay – Bitcod-fund-quickly-rakes-in-245m-right-behind-franklin-templetons-older-offering/ Become Certified in Blockchain and Digital Assets: https://dacfp.com/certification/  ----- Follow Ric on social media: Facebook: https://www.facebook.com/RicEdelman Instagram: https://www.instagram.com/ric_edelman/ LinkedIn: https://www.linkedin.com/in/ricedelman/ X: https://twitter.com/ricedelman YouTube: https://www.youtube.com/@RicEdelman ----- Brought to you by: Invesco QQQ: https://www.invesco.com/qqq-etf/en/home.html State Street Global Advisors: https://www.ssga.com/us/en/intermediary/etfs/capabilities/spdr-core-equity-etfs/spy-sp-500/cornerstones Schwab: https://www.schwab.com/ Disclosure page: https://www.thetayf.com/pages/sponsorship-disclosure-fee