THE TRUTH ABOUT YOUR FUTURE with Ric Edelman

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 show:Consensual Non-MonogamyGALLUP PollBrought to you by:Global X ETFsInvesco QQQSchwab-----Subscribe to podcast updatesThe Truth About Your Future websiteThe Truth About CryptoHave a question for Ric?Follow Ric on social media:FacebookTwitterYouTubeInstagramDisclosure page-----

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's show:2023 Crypto Crime ReportThe romance scamThe giveaway scamThe impersonation scamFinancial Planning AssociationBrought to you by:Global X ETFsInvesco QQQSchwab-----Subscribe to podcast updatesThe Truth About Your Future websiteThe Truth About CryptoHave a question for Ric?Follow Ric on social media:FacebookTwitterYouTubeInstagramDisclosure page-----

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 retirement in America looks like. And unfortunately, it's not pretty.-----Links from today's show:French Government Unveils Plan to Raise Retirement Age to 64At the Heart of France's Long Strikes, a Fight Between the Haves and the Have-NotsWhy France is arguing about work, and the right to be lazyRic on "Something You Should Know" podcast with Mike CarruthersSelf-Care with Jean Edelman podcastBrought to you by:Global X ETFsInvesco QQQSchwab-----Subscribe to podcast updatesThe Truth About Your Future websiteThe Truth About CryptoHave a question for Ric?Follow Ric on social media:FacebookTwitterYouTubeInstagramDisclosure page-----

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 indeed change the language used by the Social Security Administration. Under their bill, full retirement age would no longer be called full. It will now be called standard benefit. Age 62 would be called the minimum benefit and age 70, the maximum benefit exactly the way it ought to be. -----Links from today's show:March 6 Podcast: The Social Security Admin. is Full of ItMarch 7 Podcast: My Solution to Save Social Security -- Wacky or Brilliant?Artificial Intelligence & Technology ETF (AIQ)Robotics & Artificial Intelligence ETF (BOTZ)Thematic Growth ETF (GXTG)Autonomous & Electric Vehicles ETF (DRIV)U.S. Infrastructure Development ETF (PAVE)CleanTech ETF (CTEC)Lithium & Battery Tech ETF (LIT)Solar ETF (RAYS)Copper Miners ETF (COPX)Disruptive Materials ETF (DMAT)Brought to you by:Global X ETFsInvesco QQQSchwab-----Subscribe to podcast updatesThe Truth About Your Future websiteThe Truth About CryptoHave a question for Ric?Follow Ric on social media:FacebookTwitterYouTubeInstagramDisclosure page-----

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 FacebookRic's TwitterRic's InstagramEmail Ric: AskRic@TheTruthAYF.comBrought to you by:Global X ETFsInvesco QQQSchwab-----Subscribe to podcast updatesThe Truth About Your Future websiteThe Truth About CryptoHave a question for Ric?Follow Ric on social media:FacebookTwitterYouTubeInstagramDisclosure page-----

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 Administration, and it is causing millions of Americans to make bad decisions, decisions that they wouldn't make if it weren't for the Social Security Administration's incorrect usage of the word. -----Brought to you by:Global X ETFsInvesco QQQSchwab-----Subscribe to podcast updatesThe Truth About Your Future websiteThe Truth About CryptoHave a question for Ric?Follow Ric on social media:FacebookTwitterYouTubeInstagramDisclosure page-----

Bitcoin Ordinals: The Newest Crypto InnovationExclusive interview with crypto tax expert René ChazeSelf-Care with Jean Edelman: How To Bring Balance Into Your Busy Life-----Links from today's show:Self-Care with Jean Edelman PodcastThe Certificate in Blockchain and Digital AssetsBrought to you by:Global X ETFsInvesco QQQSchwab-----Subscribe to podcast updatesThe Truth About Your Future websiteThe Truth About CryptoHave a question for Ric?Follow Ric on social media:FacebookTwitterYouTubeInstagramDisclosure page-----

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 financial services field, focusing on digital assets. It's part of my reinvention of myself. Back in 2021, after 37 years of building and running Edelman Financial, what became the largest advisory firm in the country, my wife Jean and I left the company and we have then found ourselves faced with a question of, well, now what?-----Links from today's show:The Truth About Your Friends at WorkGlobal X Aging Population ETFBrought to you by:Global X ETFsInvesco QQQSchwab-----Subscribe to podcast updatesThe Truth About Your Future websiteThe Truth About CryptoHave a question for Ric?Follow Ric on social media:FacebookTwitterYouTubeInstagramDisclosure page-----

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 ConferenceBentley University Becomes One of the First Colleges Accepting Crypto for Tuition PaymentsYou Can Buy a Piece of a Nobel Prize-winning DiscoveryDuke Engineering's FinTech Program Sends Certificates to Coursera Students as NFTsT.Rowe Price: Families' Excitement for Cryptocurrency Brings Risks and OpportunitiesDACFP VISION Conference, chaired by RicCertificate in Blockchain and Digital AssetsBrought to you by:Global X ETFsInvesco QQQSchwab-----Subscribe to podcast updatesThe Truth About Your Future websiteThe Truth About CryptoHave a question for Ric?Follow Ric on social media:FacebookTwitterYouTubeInstagramDisclosure page-----

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. You'll end up with 76% more money every month, adjusted for inflation, by waiting. We're talking hundreds of thousands of dollars in additional income over your entire retirement. So if pretty much every advisor says to wait, that's pretty much what every retiree does, right? According to the Federal Reserve, only 10% of retirees wait until age 70 to start receiving Social Security. You got be in a heap of trouble.-----Follow Ric on social media:FacebookTwitterYouTubeInstagramBrought to you by:Global X ETFsInvesco QQQSchwab-----Subscribe to podcast updatesThe Truth About Your Future websiteThe Truth About CryptoHave a question for Ric?Disclosure page-----