Yahoo Finance's new personal finance show, Wealth!, brings the best in personal finance to you with advice from leading financial experts, authors, and influencers.
00:04 Co-Host of The Ramsey Show and Debt Elimination Expert with Ramsey Solutions Jade Warshaw talks about how to navigate the housing market, "Don't let the market determine if you're ready to buy, you determine whether you're ready to buy."
00:10 Retirement Daily's Robert Powell breaks down the 4% rule for retirement funds.
00:17 Former NFL Linebacker, Author, and CEO of Athletes.Org Brandon Copeland discusses his worst financial mistake as an athlete, "I got to the point where I thought that it was natural, it was going to happen for me." Copeland warns against financial complacency, especially if you are coming into a lot of money as many athletes do in their first few years as a professional.
00:30 Ross Mac, Maconomics Financial Expert, talks about 529 plans, and why they could be a good choice for parents who are seeking to invest in their children's education.
00:35 Financial Principal and Founder Tyrone Ross discusses why it's important to close the gap on personal finance education, "We need to get closer to people, learn what their needs and concerns are, and address them."
00:43 Tiffany Aliche, The Budgetnista, advises on how young people can start planning for retirement.
Tune in to Yahoo Finance every weekday from 11am to 12pm ET for Wealth!
Video Transcript
[AUDIO LOGO]
JADE WARSHAW: Don't let the market determine if you're ready to buy, you determine whether you're ready to buy. And so that might be a new build.
ROBERT POWELL: And to say how many years of retirement will your fund cover if you were to withdraw 4% per year from your retirement?
BRANDON COPELAND: Oh, so the worst financial decision I ever made was just being complacent. I got to the point where I thought that it was natural. It was going to happen regardless. And by doing that, I took one of the biggest losses in my own career.
ROSS MAC: Right. I want you to think of it like a 401(k), however, it's for future educational expenses.
TYRONE ROSS: So I just think we need to get closer to people, learn what their needs and concerns are and address them. And I think this show and other things like this are a great way to do that.
TIFFANY ALICHE: You want to start now. It doesn't matter how small the amount, start now. And when you're 20, I want you to create the habit that the more you make, the more you start to set aside.
