Summary of The Truth About Your Future
From THE TRUTH ABOUT YOUR FUTURE: The Money Guide You Need Now, Later, and Much Later by Ric Edelman. Copyright © 2017 by Ric Edelman. Reprinted by permission of Simon & Schuster, Inc.
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- Well Structured
Author and financial adviser Ric Edelman says that if you want to benefit from impending momentous changes, you must absorb their implications into your worldview and your investment strategy. New and growing “exponential technologies” will affect your life, calling for fresh planning to deal with a new paradigm that has potentially thrilling, disquieting and unfathomable outcomes. Edelman accessibly guides you through the financial impact of robotics, machine learning, nanotech, life-extending medicine, financial tech, and more. He considers the “dark side” of each technology and describes how transformative disruption affects your money management. Edelman predicts the future without equivocation, trusting technology’s impact. He says your lengthy, liberated, joyous future depends on long-term, progress-fueled “compound growth.” While never giving financial advice, getAbstract recommends his comprehensive, organized and cautionary guide to all those planning their financial future.
About the Author
Ric Edelman heads Edelman Financial Services, a consultancy and asset management firm. His personal finance manuals include The Truth About Money and Rescue Your Money.
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Comment on this summary
11 months agoThis was a bit confusing. There was nothing that I could take home with this book.
2 years agoHelpful
2 years agoThe summary was really helpful to most people but I like the way how the author summarized the different aspects of the future.
2 years agoThe summary was helpful in gaining additional insight and recommending to evolve for a more successful financial future.
2 years agoI like the way of how the author has summarized the different aspects of the future.
Better to be prepared.
Thanks for the summary, GetAbstract Team.
2 years agoA confused book/ summary; seems like a hodge-podge of buzzwords desperately weaved together to drive home an equally vague idea - financial planning in/ for future. The author seems to have no understanding how various social and technological changes are affecting/ will affect human life in the near/ long term.
2 years agoAshish, from ex Macquaire?
2 years agoexcellent look towards the financial future, which we have to develop NOW