Ric Edelman was very upset about annuities when he was asked to speak about the topic to the industry leaders who sell them. Not surprisingly, he was left feeling disappointed after meeting the people directly involved with the way annuities are managed. What financial lessons are being taught at Morehouse college? The graduates were given the gift of having their entire student loan debts paid off, but how can they learn to plan for their financial future when they are promised that a ‘sugar daddy’ will come along and bail them out? Is your job about to be eliminated? It happens when technology removes the need for labor or completely replaces a previous technology. Are you prepared?
Ric Edelman (05/12/2019) – Ric Edelman discusses the current unemployment report, one with the lowest percent of unemployment in 50 years. With so many people working, the big question is, Are they saving? — Looking back at historic numbers many people are making more than ever before, but is your boss paying you as much as he could? One third of Americans do not have access to work based retirement plans. Americans are living longer and retiring earlier, but they are not saving enough. Plus, with your child graduating do you have them insured for their debts? Many parents take on their children after college graduation, providing a place to live and financial assistance, but what about life insurance?