This week’s big question: Do you trust your bank? Since 2008, the answer for many Americans has been … not so much. We’re diving into all your feels around our country’s banking system with UPenn’s Lisa Servon, author of “The Unbanking of America: How the New Middle Class Survives.” We discuss her take on banks large and small and why more Americans continue to flee traditional ones for both credit unions and fintech alternatives.
In Mailbag, we answer your questions on catch-up strategies for retirement savings and whether buying your first (or second) home in your 20s is a viable investment strategy. And we wrap with a little econ talk. The U.S. economy kicked into high gear this spring, but will it last? Stay tuned….
This podcast is proudly supported by Edelman Financial Engines. Let our modern wealth management advice raise your financial potential. Get the full story at EdelmanFinancialEngines.com. Sponsored by Edelman Financial Engines – Modern wealth planning. All advisory services offered through Financial Engines Advisors L.L.C. (FEA), a federally registered investment advisor. Results are not guaranteed. AM1969416