Everyday Wealth - podcast cover

Everyday Wealth

Everyday Wealth, a nationally syndicated radio show and podcast hosted by Jean Chatzky, explores important financial decisions and how they affect our lives. Every week Jean discusses the current events, policy updates and life changes that are impacting our financial well-being. The show covers a range of topics and strategies, such as wealth management and generational planning, retirement income and tax-efficient investing. Joined by Edelman Financial Engines wealth planners and industry experts, listeners hear fresh and compelling insights and strategies to help elevate their financial potential.

For more information and air times, please visit EverydayWealth.com

Download Metacast podcast app
Podcasts are better in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episodes

Episode 49: Facing financial challenges

According to a recent industry survey, Americans today think they’ll need roughly $1.25 million to retire comfortably. But the average amount of savings in retirement accounts has actually dropped by 11% over the same time frame. So how much do you need to retire? This week on Edelman Financial Engines’ Everyday Wealth™ , Jean, Soledad and wealth planner Rose Niang discuss why chasing a number is never a good idea and how a planner can help you figure out what’s best for you. Later in the episod...

Dec 03, 202241 min

Episode 48: REPLAY: Building First Generation Wealth

According to recent studies, the majority of millionaires in the U.S. are self-made. They didn’t inherit their money, they earned it, and most are the first generation in their family to do so. In this episode of Edelman Financial Engines’ Everyday Wealth ™, Jean, Soledad, and wealth planner Brian Leslie discuss the unique challenges of first-generation wealth and how you can pass on the traits that helped build it to future generations. Later, many people retired during the pandemic and are now...

Nov 26, 202240 min

Episode 47: How bad is it REALLY out there?

There’s a lot of hype in the news about 2023 and the economic turmoil we may be facing. However, another way to think about it is that we actually may be on the path to normalization. This week on Edelman Financial Engines’ Everyday Wealth™ , Jean, Soledad, and wealth planner John McCafferty will discuss the economic forces that are impacting all of us right now, and shed some light on why it may not be as ominous as we think. Later in the episode, Christopher Jones, chief investment officer for...

Nov 19, 202240 min

Episode 46: What type of investor are you?

For most people, 2022 has been a perfect storm of high inflation, aggressive rate hikes, volatile markets, worries of recession… and just about everything else that makes investors run for the hills. This week on Edelman Financial Engines’ Everyday Wealth™ , Soledad, Jean and wealth planner Andy Smith will put the markets into context, and – hopefully – provide a bit of perspective about what we’re experiencing right now in the economy. Later in the episode, the hosts discuss two types of invest...

Nov 12, 202240 min

Episode 45: REPLAY: You’re retired (or almost retired) … now what?

When you’re approaching retirement, you have to make many decisions that will affect your finances – either positively or negatively. In this episode of Edelman Financial Engines’ Everyday Wealth ™, Jean and wealth planner Isabel Barrow discuss some of the most important decisions that could cost you if you don’t plan for them, including what to do with your mortgage, and what to consider before traveling . Later, the end of the year is coming and so are opportunities to harvest some of your los...

Nov 05, 202240 min

Episode 44: Is everything broken?

Record inflation, aggressive rate hikes and a gloomy financial forecast for 2023 – not much seems to be going right in today’s economic climate. So what effect do these financial headwinds have on our own “personal economies”? This week on Edelman Financial Engines’ Everyday Wealth™ , Soledad, Jean and wealth planner Isabel Barrow will be talking about why you should consider sticking with a diversified portfolio through unsettling times. Later in the episode, with midterms around the corner and...

Oct 29, 202240 min

Episode 43: End-of-year ‘to-do’s’ – Medicare and charitable giving

During Medicare enrollment, there are many decisions to make that could cost you a lot if you don’t choose wisely. In this episode of Edelman Financial Engines’ Everyday Wealth ™, Jean, Soledad and wealth planner Rose Niang explain the intricacies of Medicare plans and what you need to know to help you make the best decisions. Later in the episode, charitable giving is good for charities and it also could be good for your personal economy. The hosts discuss giving in a tax-efficient way and how ...

Oct 22, 202240 min

Episode 42: Leaving a legacy

There are plenty of ways that inflation may have a negative impact on our finances, but there may be a silver lining. In this episode of Edelman Financial Engines' Everyday Wealth ™, Jean, Soledad and Edelman Financial Engines wealth planner Isabel Barrow break down what may be some positive news when it comes time to pay your taxes. Next, the hosts tackle the challenges of leaving a legacy from first generation wealth – from how to know if you have enough to where to start once you do. Later, D...

Oct 15, 202241 min

Episode 41: Building First Generation Wealth

According to recent studies, the majority of millionaires in the U.S. are self-made. They didn’t inherit their money, they did it the hard way. They earned it, and most are the first generation in their family to do so. In this episode of Edelman Financial Engines’ Everyday Wealth ™, Jean, Soledad, and wealth planner Brian Leslie discuss the unique challenges of first-generation wealth and how you can pass on the traits that helped build it to future generations. Later, many people retired durin...

Oct 08, 202241 min

Episode 40: You’re retired (or almost retired) … now what?

When you’re approaching retirement, you have to make many decisions that will affect your finances – either positively or negatively. In this episode of Edelman Financial Engines’ Everyday Wealth ™, Jean and wealth planner Isabel Barrow discuss some of the most important decisions that could cost you if you don’t plan for them, including what to do with your mortgage, and what to consider before traveling . Later, the end of the year is coming and so are opportunities to harvest some of your los...

Oct 01, 202240 min

Episode 39: Sudden wealth: a blessing or a curse?

Even in the toughest financial times, you can get a windfall of money and have no idea what to do with it. In this episode of Edelman Financial Engines’ Everyday Wealth ™, Soledad, Jean and wealth planner Jason Cowans talk about what to do if you’re one of those lucky people who come into sudden wealth – either through an inheritance, a divorce or lawsuit settlements, or even the lottery – to help make the most of your money. This show is pre-recorded, and any callers are prescreened. Main Radio...

Sep 24, 202242 min

What is a good early retirement package and should you take it?

To avoid layoffs, some companies are choosing to offer early retirement packages to some employees. In this highlight, Soledad, Jean, and Edelman Financial Engines wealth planner John McCafferty discuss what a good early retirement package can include, and what to consider if you’re offered one. See omnystudio.com/listener for privacy information.

Sep 22, 20226 min

The do’s and don’t’s of open enrollment

With open enrollment season right around the corner, Jean, Soledad, and Edelman Financial Engines wealth planner John McCafferty discuss considerations to make when it comes to long-term and short-term disability, life insurance and 401K contributions. Neither Edelman Financial Engines nor any of its affiliates, or their advisors, sell insurance products. EFE’s affiliates may receive insurance related compensation for the referral of insurance opportunities to third parties if individuals elect ...

Sep 21, 20227 min

What should you expect from your year end review with your financial planner?

Edelman Financial Engines wealth planner John McCafferty walks Jean and Soledad through what should be on your year end financial review checklist including your current financial plan, risk tolerance, and questions to ask your financial advisor about your portfolio. Investing strategies, such as asset allocation, diversification or rebalancing, do not ensure or guarantee better performance and cannot eliminate the risk of investment losses. All investments have inherent risks, including loss of...

Sep 20, 20225 min

SNEAK PEEK: “The Economic Storm of 2022 and Your Wealth”

Recession, inflation, rising interest rates. Wondering what today's economic challenges mean for you? In this highlight, you’ll get a sneak peek into Edelman Financial Engines’ new webinar, “The Economic Storm of 2022 and Your Wealth,” a round-table discussion hosted by Jean Chatzky and featuring wealth planners from Edelman Financial Engines, happening on September 20 at 2 p.m. or 8 p.m. ET. You’ll get timely insights into today’s market situation – and learn steps to consider now. You can regi...

Sep 19, 20229 min

Episode 38: Fear of Missing Out

As fall approaches, many people are feeling the need to do something before the end of the year, both personally and financially. This week on Edelman Financial Engines’ Everyday Wealth TM, Jean, Soledad and Edelman Financial Engines’ planner John McCafferty discuss the opportunities you don’t want to miss out on on your financial planning checklist heading into the final stretch of the year including your year end financial review, open enrollment, 401k contributions, and what to do if you’re o...

Sep 17, 202243 min

5 things to think about before renting your house on Airbnb

If you’re thinking about renting your house on Airbnb, there are a few things to consider. Edelman Financial Engines wealth planner Rose Niang, Jean and Soledad break down what you need to know before you decide. See omnystudio.com/listener for privacy information.

Sep 16, 20222 min

Could buying a second home help hedge against inflation?

Soledad, Jean, and Edelman Financial Engines wealth planner Rose Niang discuss the correlation between home prices and inflation and whether or not it's a good time to buy a second home. See omnystudio.com/listener for privacy information.

Sep 15, 20225 min

Should you take a lump sum or an annuity pension?

Are you one of the lucky people who has a pension? If you are, and you retire now, should you take a lump sum or monthly payments? And why do time and interest rates play such a critical role in this decision? In this segment, Soledad, Jean, and Edelman Financial Engines wealth planner Rose Niang explore what you need to know when it comes to pensions. See omnystudio.com/listener for privacy information.

Sep 14, 20226 min

What is the first thing you need to do before you decide on a big purchase?

In this highlight, Jean, Soledad, and Edelman Financial Engines wealth planner Rose Niang talk about the big pinch of increased financing costs amid high interest rates, higher prices that consumers may feel on big ticket items due to inflation, home improvements, and what to consider before making a purchase. See omnystudio.com/listener for privacy information.

Sep 13, 20225 min

Who benefits from rising interest rates?

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. See omnystudio.com/listener for privacy information.

Sep 12, 20225 min

Episode 37: Why you should be interested in interest rates

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 Wealth TM, Jean, Soledad, and Edelman Financial Engines wealth planner Rose Niang will be discussing why we should...

Sep 10, 202248 min

Is it more difficult to retire in a bear market?

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 ...

Sep 08, 20227 min

What is sequence of return risk? And should you be worried about it?

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...

Sep 07, 20226 min

Listener question: How can a retiree who is forced to take RMDs by law deal with the current bear market?

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 ou...

Sep 06, 202210 min

Withdrawal strategies in a bear market

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...

Sep 05, 202210 min

Episode 36: How to plan to retire in a bear market

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, withdra...

Sep 03, 202240 min

Preparing for the worst financially

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. In...

Aug 31, 20226 min

Changing jobs later in life

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 ad...

Aug 30, 20225 min
Hosted on Omny Studio
For the best experience, listen in Metacast app for iOS or Android
Open in Metacast