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The Truth About Your Future
Book

The Truth About Your Future

The Money Guide You Need Now, Later, and Much Later

Simon & Schuster, 2017 mais...


Editorial Rating

9

Recommendation

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.  

Take-Aways

  • Technology advances “exponentially,” yet most people still think “linearly” about technological progress.
  • Exponential technologies include nanotechnology, artificial intelligence, machine learning, 3D printing, biotech, brain science, big data and financial technology.
  • These technologies upend traditional models of education, career, retirement and lifespan.

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.


Comment on this summary or Iniciar a Discussão

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    R. T. 3 years ago
    Very good & timely for me.
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    N. D. 5 years ago
    This was a bit confusing. There was nothing that I could take home with this book.
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    J. T. 6 years ago
    Helpful

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