Everyday Wealth

Jean, Soledad, and Edelman Financial Engines wealth planner Rose Niang discuss what happens when interest rates rise and what the possible upsides are, including potential extra money for savers and social security recipients.

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The fed continues to work on lowering inflation rates, using interest rate hikes as a method for cooling the economy. As a result, markets tumbled. Now analysts and investors are trying to predict the size of the next Fed hike coming later in September, and the market will move day to day as it tries to price in those potential hikes. This week on Edelman Financial Engines’ Everyday WealthTM, Jean, Soledad, and Edelman Financial Engines wealth planner Rose Niang will be discussing why we should be interested in rising interest rates and what the upsides are, if any. They’ll also discuss lump sum pensions, when to buy big ticket items, and whether or not buying a second home can help hedge against inflation.

This show is pre-recorded, and any callers are prescreened.

Ms. Chatzky and Ms. O’Brien receive cash compensation for acting as hosts of the Everyday Wealth radio show and podcast and for related activities and therefore have an incentive to endorse Edelman Financial Engines and its planners.  That compensation is a fixed sum paid on an annual basis; and reimbursement for certain expenses.  The amount paid each year does not vary, is not based on show content or any results-dependent factors (e.g., popularity of the show).

See omnystudio.com/listener for privacy information.

Jean and Soledad, joined by Edelman Financial Engines wealth planner Isabel Barrow, discuss perception vs reality when it comes to retiring in a bear market and how attaching a number to your retirement plan may not be the best approach.

Investing strategies, such as asset allocation, diversification, or rebalancing do not assure or guarantee better performance and cannot eliminate the risk of investment losses. There are no guarantees that a portfolio employing these or any other strategy will outperform a portfolio that does not engage in such strategies. Funds and ETFs are subject to risk, including loss of principal. All investments have inherent risks. There can be no assurance that the investment strategy proposed will obtain its goal. Past performance does not guarantee future results.

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Edelman Financial Engines wealth planner Isabel Barrow breaks down the meaning behind sequence of return risk for Jean and Soledad and explains what role it plays for retirees when it comes to withdrawal strategies.

Investing strategies, such as asset allocation, diversification, or rebalancing do not assure or guarantee better performance and cannot eliminate the risk of investment losses. There are no guarantees that a portfolio employing these or any other strategy will outperform a portfolio that does not engage in such strategies. Funds and ETFs are subject to risk, including loss of principal. All investments have inherent risks. There can be no assurance that the investment strategy proposed will obtain its goal. Past performance does not guarantee future results.

See omnystudio.com/listener for privacy information.

Soledad, Jean, and Edelman Financial Engines wealth planner Isabel Barrow answer a listener’s questions about required minimum distributions (RMDs) and discuss strategies that a planner can help you put into action during a bear market

Investing strategies, such as asset allocation, diversification, or rebalancing do not assure or guarantee better performance and cannot eliminate the risk of investment losses. There are no guarantees that a portfolio employing these or any other strategy will outperform a portfolio that does not engage in such strategies. Funds and ETFs are subject to risk, including loss of principal. All investments have inherent risks. There can be no assurance that the investment strategy proposed will obtain its goal. Past performance does not guarantee future results.

Dollar Cost Averaging does not assure a profit or protect against a loss in a declining market. For the strategy to be effective, you must continue to purchase shares in both up and down markets. As such, an investor needs to consider his/her financial ability to continuously invest through periods of low-price levels.

See omnystudio.com/listener for privacy information.

Jean and Soledad, joined by Edelman Financial Engines wealth planner Isabel Barrow, explore the pros and cons of different withdrawal strategies and how a wealth planner could help you determine which fit your personal economy.

Investing strategies, such as asset allocation, diversification, or rebalancing do not assure or guarantee better performance and cannot eliminate the risk of investment losses. There are no guarantees that a portfolio employing these or any other strategy will outperform a portfolio that does not engage in such strategies. Funds and ETFs are subject to risk, including loss of principal. All investments have inherent risks. There can be no assurance that the investment strategy proposed will obtain its goal. Past performance does not guarantee future results.

Dollar Cost Averaging does not assure a profit or protect against a loss in a declining market. For the strategy to be effective, you must continue to purchase shares in both up and down markets. As such, an investor needs to consider his/her financial ability to continuously invest through periods of low-price levels.

See omnystudio.com/listener for privacy information.

Given the current state of the economy, with high inflation, market volatility, and overall financial stress, many retirees are reconsidering their retirement out of fear that they may outlive their wealth. In this encore presentation of Everyday Wealth™ from July 30, 2022, Jean and Soledad are joined by Edelman Financial Engines wealth planner Isabel Barrow to discuss how retirement is changing and what considerations to make when retiring in a bear market, including partial retirement, withdrawal strategies, and more.

This show is pre-recorded, and any callers are prescreened.

Ms. Chatzky and Ms. O’Brien receive cash compensation for acting as hosts of the Everyday Wealth radio show and podcast and for related activities and therefore have an incentive to endorse Edelman Financial Engines and its planners.  That compensation is a fixed sum paid on an annual basis; and reimbursement for certain expenses.  The amount paid each year does not vary, is not based on show content or any results-dependent factors (e.g., popularity of the show).

Investing strategies, such as asset allocation, diversification, or rebalancing do not assure or guarantee better performance and cannot eliminate the risk of investment losses. There are no guarantees that a portfolio employing these or any other strategy will outperform a portfolio that does not engage in such strategies. Funds and ETFs are subject to risk, including loss of principal. All investments have inherent risks. There can be no assurance that the investment strategy proposed will obtain its goal. Past performance does not guarantee future results.

Dollar Cost Averaging does not assure a profit or protect against a loss in a declining market. For the strategy to be effective, you must continue to purchase shares in both up and down markets. As such, an investor needs to consider his/her financial ability to continuously invest through periods of low-price levels.

See omnystudio.com/listener for privacy information.

Soledad, Jean, and Edelman Financial Engines wealth planner Jason Cowans answer a listener’s questions about required minimum distributions and discuss what approach may help mitigate long-term risks. 

See omnystudio.com/listener for privacy information.

A lot of times we think we've got everything mapped out and we have a plan and the plan's going along just fine and then all of a sudden, something happens – like a health scare – and it completely changes everything. In this segment, Jean, Soledad, and Edelman Financial Engines wealth planner Jason Cowans talk about how to reevaluate your financial plan to help you make sure you’re prepared for the worst.

Neither Financial Engines Advisors L.L.C. nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances.

See omnystudio.com/listener for privacy information.

Changing jobs in your 40s and 50s can present certain financial complications that can be worth big money depending on your situation. Edelman Financial Engines wealth planner Jason Cowans discusses with Jean and Soledad what makes taking a new job a good or bad decision financially in the long term and what you should know before accepting a new position.

Neither Financial Engines Advisors L.L.C. nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances.

See omnystudio.com/listener for privacy information.