Everyday Wealth, a nationally syndicated radio show and podcast hosted by Soledad O’Brien and Jean Chatzky, explores important financial decisions and how they affect our lives. Every week Jean and Soledad discuss 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.
About Edelman Financial Engines
Since 1986, Edelman Financial Engines has been committed to always acting in the best interests of our clients. We were founded on the belief that all investors –not just the wealthy –deserve access to personal, comprehensive financial planning and investment advice. Today we are America’s top independent financial planning and investment advisory firm, recognized by Barron’s.* Awarded September 2021 based on data within a 12-month period. Compensation paid for use and distribution of rating. We have 145+ offices across the country and are entrusted by more than 1.3 million clients to manage more than $291 billion in assets.** Our unique approach to serving clients combines our advanced methodology and proprietary technology with the attention of a dedicatedpersonal financial planner. Every client’s situation and goals are unique, and the powerful fusion of high-tech and high-touch allows Edelman Financial Engines to deliver the personal plan and financial confidence that everyone deserves.For more information, please visit EdelmanFinancialEngines.com.
* The 2021 Top 100 Independent Advisory Firm Ranking issued by Barron’s is qualitative and quantitative, including assets managed, revenue generated, regulatory record, staffing levels and diversity, technology spending, and succession planning. Firms elect to participate but do not pay to be included in the ranking. Compensation is paid for use and distribution of rating. Investor experience and returns are not considered.
** Date of Dec. 31, 2021
Jean Chatzky
Jean Chatzky came to personal finance not as an economist or a financial planner, but as a journalist who dug into the topic of money to get her own money in order--and earn a paycheck. She has the innate ability to take the complicated world of money and explain it in ways we can all understand. And this has never been more important than now, because we all have more responsibility for our financial lives than any generation that came before us. Aside from hosting Everyday Wealth, Jean is the CEO of HerMoney Media, a company focused on leveling the playing field for financial security, confidence and power for women. This work includes hosting the HerMoney with Jean Chatzky podcast. Financial editor of NBC’s TODAY Show for 25 years and the financial ambassador for AARP, she appears frequently on CNN and MSNBC and was a recurring guest on The Oprah Winfrey Show. She's an award-winning journalist and a New York Times and Wall Street Journal bestselling author.
Soledad O’Brien
Soledad O’Brien is an award-winning documentarian, journalist, speaker, author and philanthropist. Known as a provocative, credible and smart interviewer throughout her career, Soledad has been dedicated to telling empowering and authentic stories on a range of social issues and is a thought leader whose public engagement garners wide attention. Soledad was recognized with three Emmy Awards – for her coverage of the Haiti earthquake, the 2012 election and a series called “Kids and Race.” She was also honored twice with the George Foster Peabody Award for her coverage of Hurricane Katrina and her reporting on the BP Gulf Coast Oil Spill. Her reporting on the Southeast Asia tsunami garnered CNN an Alfred I. duPont-Columbia Award. Aside from hosting Everyday Wealth, she is the CEO of Soledad O’Brien Productions, a multiplatform media production company, and currently anchors and produces the Hearst Television political magazine program Matter of Fact with Soledad O’Brien. She also reports regularly for HBO’s Real Sports with Bryant Gumbel. She has anchored shows on CNN, MSNBC and NBC, and hosted projects for Fox and A&E.
Season 2 Episode 55: Are you planning for the right retirement?
Season 2 Episode 54: Changes in the SECURE Act for 2024 – and we answer your questions
The SECURE 2.0 Act that passed in December 2022 has over 90 provisions to encourage more people to save for retirement. But weeding through those provisions can be daunting. In this episode of Edelman Financial Engines’ Everyday Wealth™, Jean and wealth planner Isabel Barrow go through some of those changes that may have a big impact on retirees and pre-retirees, including provisions to employer matching contributions for student loan payments, 529 plans and Roth IRAs.
Later, Jean and Isabel answer listener questions, like how much to withdraw annually from 401(k) plans in retirement, what to expect from Social Security in the future, and what options are available for health care coverage for retirees before age 65.
Ms. Chatzky receives cash compensation for acting as hosts of the Everyday Wealth radio show and podcast and for related activities and therefore has 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).
This show is pre-recorded, and any callers are prescreened.
The information being provided is for informational and educational purposes only and should not be construed as advice. You should consult a financial advisor to help determine the best options for your particular circumstances.
Neither Edelman Financial Engines nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to seek advice from your qualified tax and/or legal professionals to help determine the best options for your particular circumstances.
© 2024 Edelman Financial Engines, LLC. Edelman Financial Engines® is a registered trademark of Edelman Financial Engines, LLC. All advisory services provided by Financial Engines Advisors L.L.C., a federally registered investment advisor. Certain services provided on an educational and guidance basis only. Results are not guaranteed. Produced January 2024.
See omnystudio.com/listener for privacy information.
Season 2 Episode 53: Outlook 2024: Growing Your Wealth in an Uncertain World
It’s a brand new year full of predictions: predictions about geopolitical events, the economy, and what the stock market will do in 2024. But should you pay attention to any of them? In this episode of Edelman Financial Engines’ Everyday Wealth™, Jean and wealth planner Andy Smith discuss why predictions, while important for governments and business, may not be so important when it comes to individual investors. They also discuss some of the key components of a financial plan that can help create wealth over the long term.
Later, Jean is joined by Mark Zandi, chief economist for Moody’s Analytics, to talk about what 2024 may have in store, including his outlook on inflation, interest rates and the possibility of a recession, and what other trends he sees for this year.
Ms. Chatzky receives cash compensation for acting as hosts of the Everyday Wealth radio show and podcast and for related activities and therefore has 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).
This show is pre-recorded, and any callers are prescreened.
The information being provided is for informational and educational purposes only and should not be construed as investment advice. Although some of the statistical information has been gathered from sources believed to be reliable, we do not guarantee its accuracy or completeness. You should consult with a professional and/or do your own due diligence to help determine the best options for your particular circumstances.
Neither Edelman Financial Engines nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to include your qualified tax and/or legal professionals in these discussions and decisions to help determine the best options for your particular circumstances.
Neither Financial Engines Advisors L.L.C. nor any of its advisors sell insurance products. Edelman Financial Engines affiliates may receive insurance-related compensation for the referral of insurance opportunities to third parties if individuals elect to purchase insurance through those third parties. You are encouraged to review this information with your insurance agent or broker to determine the best options for your particular circumstances.
The views and opinions expressed by Mark Zandi are solely his own and may not reflect the views or opinions of EFE or its planners. The information being provided is for informational and educational purposes only and should not be construed as investment advice. You should consult with a financial advisor to help determine the best options for your particular circumstances.
See omnystudio.com/listener for privacy information.
Season 2 Episode 52: Starting a small business or side hustle
Happy New Year! In this episode of Edelman Financial Engines’ Everyday Wealth™, we present an encore presentation of one our most requested shows – “How to start a small business or side hustle.”
When you’re starting a small business or a side hustle, there are many important factors to consider to help make it a success. In this episode, Jean is joined by wealth planner Andy Smith as she shares her journey from side gigs to becoming a small-business owner and what she learned along the way. Later in the episode, Rich Lahijani, a director of tax advisory and planning at Edelman Financial Engines, joins the conversation to talk about tax considerations, including what you typically can and can’t write off with your new business.
Ms. Chatzky receives cash compensation for acting as host of the Everyday Wealth podcast and for related activities and therefore has 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).
The information being provided is for informational and educational purposes only and should not be construed as advice. You should consult a financial advisor and tax professional to help determine the best options for your particular circumstances. Neither Edelman Financial Engines nor its affiliates offer tax advice. Interested parties are strongly encouraged to seek advice from a qualified tax expert regarding the best options for your particular circumstances.
© 2024 Edelman Financial Engines, LLC. Edelman Financial Engines® is a registered trademark of Edelman Financial Engines, LLC. Advisory services provided by Financial Engines Advisors L.L.C. a federally registered investment advisor. Certain services are provided on an educational and guidance basis only. Results are not guaranteed. Originally produced January 2023. AM3288476
See omnystudio.com/listener for privacy information.
Season 2 Episode 51: The Best of 2023 – Transitioning into retirement
In this special edition of Edelman Financial Engines’ Everyday Wealth™, we’ve curated some of our favorite interviews with experts around the topic of transitioning into retirement.
First, Jean and wealth planners Isabel Barrow and Andy Smith talk to Dr. Riley Moynes on how to navigate what he calls the four phases of retirement. Then, Jean interviews Marcia Mantell about Social Security claiming strategies, particularly in regards to some of the unique challenges women face on this topic. And finally, Jean speaks with Gordon Hartman about how his love for his daughter helped him reimagine what it means to be retired.
Ms. Chatzky receives cash compensation for acting as host of the Everyday Wealth podcast and for related activities and therefore has 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).
This show is prerecorded and any callers are prescreened.
The views and opinions expressed by Dr. Riley Moynes, Marcia Mantell and Gordon Hartman are solely their own and may not reflect the views or opinions of EFE or its planners.
Neither Edelman Financial Engines nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to include your qualified tax and/or legal professionals in these discussions and decisions to help determine the best options for your particular circumstances.
The information being provided is for informational and educational purposes only and should not be construed as investment advice. Although some of the statistical and market information has been gathered from sources believed to be reliable, we do not guarantee its accuracy or completeness. You should consult with a financial advisor to help determine the best options for your particular circumstances.
Produced December 2023.
© 2023 Edelman Financial Engines, LLC. Edelman Financial Engines® is a registered trademark of Edelman Financial Engines, LLC. All advisory services provided by Financial Engines Advisors L.L.C., a federally registered investment advisor. Results are not guaranteed. AM3288458
See omnystudio.com/listener for privacy information.
Listen as I get financially planned
This special episode of Other People's Pockets was produced with support from and sponsored by Edelman Financial Engines’ Everyday Wealth™ podcast.
Today on Other People's Pockets, you're going to hear what it's like to receive financial planning advice, and the person receiving the advice is ... me! My income, savings, and retirement goals will get scrutinized by Isabel Barrow, a director of financial planning at Edelman Financial Engines and frequent guest on the podcast Everyday Wealth, along with Jean Chatzky, financial journalist and bestselling New York Times author who is also the host of Everyday Wealth.
This information is being provided for informational and education purposes and should not be construed as advice. Individual experiences are personalized and will vary.
Ms. Chatzky is not an employee or client of EFE. She receives cash compensation for acting as host of the Everyday Wealth podcast and for related activities and therefore has an incentive to endorse EFE 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, nor is it based on show content or any results-dependent factors (e.g., popularity of the show).
Advisory services provided by Financial Engines Advisors L.L.C. a federally registered investment advisor. Certain services are provided on an educational and guidance basis only. Results are not guaranteed. Produced November 2023. AM# 3280302
See omnystudio.com/listener for privacy information.
Season 2 Episode 50: Setting (and keeping) your financial resolutions
It’s almost New Year’s Day, which means millions of people will make New Year’s resolutions, including financial ones. Unfortunately, data suggests that only 9% of Americans who make resolutions will complete them. In this episode of Edelman Financial Engines’ Everyday Wealth™, Jean and wealth planner Isabel Barrow discuss how to help improve your financial outlook in the new year and what steps to take to help get there, including maximizing your retirement accounts, including 401(k)s, eliminating debt and revisiting your emergency fund and cash reserves.
Later, Jean talks to Katy Milkman, a professor at The Wharton School of the University of Pennsylvania and the author of How to Change: The Science of Getting From Where You Are to Where You Want to Be, about science-based tips for sticking to your resolutions and how these insights from economics and psychology can be harnessed to help change behaviors for good.
Ms. Chatzky receives cash compensation for acting as host of the Everyday Wealth podcast and for related activities and therefore has 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).
The information being provided is for informational and educational purposes only and should not be construed as investment advice. Although some of the statistical information has been gathered from sources believed to be reliable, we do not guarantee its accuracy or completeness. You should consult with a professional and/or do your own due diligence to help determine the best options for your particular circumstances.
Neither Edelman Financial Engines 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.
Certain services are provided on an educational and guidance basis only.
The views and opinions expressed by Professor Katy Milkman are solely her own and may not reflect the views or opinions of EFE or its planners.
This show is prerecorded. Produced December 2023.
© 2023 Edelman Financial Engines, LLC. Edelman Financial Engines® is a registered trademark of Edelman Financial Engines, LLC. Advisory services provided by Financial Engines Advisors L.L.C. a federally registered investment advisor. Results are not guaranteed. AM3224763
See omnystudio.com/listener for privacy information.
Season 2 Episode 49: We answer your questions
In this episode of Edelman Financial Engines’ Everyday Wealth™, Jean and wealth planners Andy Smith and Isabel Barrow answer questions from listeners. Topics include strategies for taking Required Minimum Distributions; the purpose of owning bonds in a portfolio as opposed to just equities and cash; the difference between several types of funds like Exchange-Traded Funds, institutional funds and no-fee mutual funds; and different strategies for creating a retirement income stream.
If you would like to submit a question, you can go to EverydayWealth.com, scroll down to the box that says, “ASK THE HOST,” type in your question and send it our way.
Ms. Chatzky receives cash compensation for acting as hosts of the Everyday Wealth radio show and podcast and for related activities and therefore has 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).
This show is pre-recorded, and any callers are prescreened.
The information being provided is for informational and educational purposes only and should not be construed as investment advice. Although some of the statistical information has been gathered from sources believed to be reliable, we do not guarantee its accuracy or completeness. You should consult with a professional and/or do your own due diligence to help determine the best options for your particular circumstances.
Neither Edelman Financial Engines nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to include your qualified tax and/or legal professionals in these discussions and decisions to help determine the best options for your particular circumstances.
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 principal. There are no guarantees that a portfolio employing these or any other strategy will outperform a portfolio that does not engage in such strategies. Past performance does not guarantee future results.
See omnystudio.com/listener for privacy information.
Season 2 Episode 48: Creating charitable giving strategies that make an impact
’Tis the season of giving and many people will be donating to charities this year, but it can be confusing to navigate who to give to and how. In this episode of Edelman Financial Engines’ Everyday Wealth™, Jean and wealth planner Andy Smith explore different giving vehicles, like donor-advised funds and qualified charitable deductions. They’ll discuss how a planner can help you develop a giving strategy that could not only lower your tax liabilities, but make a big difference for those in need.
Then, Jean speaks with Dr. Stephen Post, professor of family, population and preventive medicine and founding director of the Center for Medical Humanities, Compassionate Care and Bioethics at Stony Brook University, about why giving is so good for us. His bestselling books include The Hidden Gifts of Helping and Why Good Things Happen to Good People.
Ms. Chatzky receives cash compensation for acting as host of the Everyday Wealth podcast and for related activities and therefore has 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).
The information being provided is for informational and educational purposes only and should not be construed as advice. You should consult a financial advisor and tax professional to help determine the best options for your particular circumstances.
Neither Edelman Financial Engines nor its affiliates offer tax advice. Interested parties are strongly encouraged to seek advice from qualified tax expert regarding the best options for your particular circumstances.
The views and opinions expressed by Dr. Stephen Post, are solely his own and may not reflect the views or opinions of EFE or its planners.
© 2023 Edelman Financial Engines, LLC. Edelman Financial Engines® is a registered trademark of Edelman Financial Engines, LLC. Advisory services provided by Financial Engines Advisors L.L.C. a federally registered investment advisor. Certain services are provided on an educational and guidance basis only. Results are not guaranteed. Produced November 2023. AM3214503
See omnystudio.com/listener for privacy information.
Season 2 Episode 47: What if you never retire – by choice?
The concept of never retiring is more common that we might think. A recent survey by The Wall Street Journal found that some potential retirees say that they never intend to retire – not due to financial issues, but by choice, and for a wide variety of reasons. Jean and wealth planner Isabel Barrow explore what it means to never retire in this episode of Edelman Financial Engines’ Everyday Wealth™, and the advantages to continuing working past retirement age. These can include more time to fund retirement accounts, more time for those tax-deferred accounts to compound and potentially grow, additional potential health care benefits, and more.
Then, Jean interviews Rob Berger, founding editor of Forbes Advisor, YouTuber and author of Retire Before Mom and Dad, about his journey through retiring three times and why he still keeps going back to work.
Ms. Chatzky receives cash compensation for acting as host of the Everyday Wealth podcast and for related activities and therefore has 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).
The information being provided is for informational and educational purposes only and should not be construed as investment advice. Although some of the statistical information has been gathered from sources believed to be reliable, we do not guarantee its accuracy or completeness. You should consult with a professional and/or do your own due diligence to help determine the best options for your particular circumstances.
Certain services are provided on an educational and guidance basis only.
The views and opinions expressed by Rob Berger are solely their own and may not reflect the views or opinions of EFE or its planners.
This show is prerecorded. Produced November 2023.
© 2023 Edelman Financial Engines, LLC. Edelman Financial Engines® is a registered trademark of Edelman Financial Engines, LLC. Advisory services provided by Financial Engines Advisors L.L.C. a federally registered investment advisor. Results are not guaranteed. AM3177396.
See omnystudio.com/listener for privacy information.