Money on Your Mind

Edelman Financial Engines
  • 4.8 (27)
  • Business
  • Updated Weekly

Each week, EFE financial planners join Dr. Michael Liersch, Chief Planning Officer at Edelman Financial Engines, for conversations about what’s top of mind for clients. They explore common questions, from navigating market volatility to planning major milestones, offering practical guidance and deeper insight into sound financial planning. It’s an ideal listen for a quiet moment and a chance to better understand your financial life. Produced by Edelman Financial Engines. See episode descriptions for more information about this show.

  1. 6d ago

    Ep 22: What’s next for financial planning? - with Bill Schultheis

    For all the technology and financial playbooks available today, the fundamentals of building a nest egg haven’t changed: work, save, establish your lifestyle and enjoy it into retirement. And the way EFE Financial Planner and author Bill Schultheis sees it, the real challenge isn’t knowing WHAT to do, it’s knowing HOW to make decisions. Especially as retirement gets closer. In this episode of Money On Your Mind, host Michael Liersch talks with Bill about why some people are turning to technology, like artificial intelligence, to handle complex financial decisions, and where those tools can fall short. And why human judgement and trusted advice become even more valuable as life goes on. Michael and Bill also share practical guidance for people in their mid-20s, why “old-fashioned” financial wisdom is still true today and reveal the one question everyone should ask themselves before spending money. Subscribe to Money On Your Mind so you never miss an episode.  Money on Your Mind is produced by Edelman FinancialEngines and hosted by Michael Liersch. Information is believed to be reliable but is not guaranteed. This content is for educational purposes only and does not constitute investment, legal, insurance or tax advice. It is not an offerto buy or sell any product and does not represent an endorsement of third parties. All investments have inherent risks. Consult a financial advisor before investing. Individual results may vary. 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.    An index is a portfolio of specific securities (such as the S&P 500, Dow Jones Industrial Average and Nasdaq composite), the performance of which is often used as a benchmark in judging the relative performance of certain asset classes. Indexes are unmanaged portfolios and investors cannot invest directly in an index. Past performance does not guarantee future results. © 2026 Edelman Financial Engines, LLC. Edelman FinancialEngines® 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 andguidance basis only. Results are not guaranteed. Produced June 2026. AM 5543687

    19 min

  2. May 27

    Ep 21: Why do people like Health Savings Accounts? - with Christy Martinich

    Believe it or not, your HSA could be a valuable part ofyour financial plan – if you know how to really use it. According to EFE Financial Planner Christy Martinich, the real power of an HSA is paying medical expenses out of pocket and investing the HSA funds long term. In this episode of Money on Your Mind, host Michael Liersch and planner Christy Martinich break down why HSAs are so appealing to those in the know, and common misconceptions about how the account works. They also chat about taking an honest look at your monthly expenses and why it might be time to include subscriptions in your spring cleaning. Frequent listener? Consider leaving us a review, and comment about what you’d like us to discuss next. Money on Your Mind is produced by Edelman FinancialEngines and hosted by Michael Liersch. Information is believed to be reliable but is not guaranteed. This content is for educational purposes only and does not constitute investment, legal, insurance or tax advice. It is not an offer to buy or sell any product and does not represent an endorsement of third parties. All investments have inherent risks. Consult a financial advisor before investing. Individual results may vary.   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. 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. © 2026 Edelman Financial Engines, LLC. Edelman FinancialEngines® 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 May 2026. AM 5522947.

    18 min

  3. May 20

    Ep. 20: How can I get realistic about my spending? - with Kelli Smith

    Many of us start retirement planning by thinking big – maybe too big. According to EFE financial planner Kelli Smith, new clients often want to start by considering how markets and world events may shape their retirement. But outside influences are only part of the story. You need to take an honest look at your spending, too.  In this episode of Money on Your Mind, host Michael Liersch and financial planner Kelli Smith get real about why planning for your retirement tomorrow must begin with noticing your spending today. Learn how to calculate the price of your lifestyle (and what that means for your retirement), staying accountable to your financial wellbeing and how to use money to fund true happiness and fulfillment.  Frequent listener? Consider leaving us a review, and comment about what you’d like us to discuss next.  Money on Your Mind is produced by Edelman Financial Engines and hosted by Michael Liersch. Information is believed to be reliable but is not guaranteed. This content is for educational purposes only and does not constitute investment, legal, insurance or tax advice. It is not an offer to buy or sell any product and does not represent an endorsement of third parties. All investments have inherent risks. Consult a financial advisor before investing. Individual results may vary.   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.  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.  © 2026 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 April 2026. AM5436720

    20 min

  4. May 13

    Ep 19: What are the logistics of being retired? - with Glynis Banhan

    You’ve spent decades saving for retirement, but what happens once the paycheck stops For many retirees, the hardest part isn’t building wealth, it’s understanding the nuts and bolts of living off it. Which accounts should cover expenses? How do taxes get paid? What happens to health care once your employer is no longer handling it? In this episode of Money on Your Mind, host Michael Leirsch sits down with financial planner Glynis Banhan to unpack the emotional and logistical challenges that come with transitioning into retirement. Together, they explore why so many people feel anxious during this stage of life, how personalized financial planning can help organize your thoughts and why creating structure in retirement is just as important as having structure during your working years. You’ll also hear practical insights on Roth conversions, retirement income strategies, tax surprises and the common mistakes retirees make when trying to manage everything on their own. Frequent listener? Consider leaving us a review, and comment about what you’d like us to discuss next.   Money on Your Mind is produced by Edelman FinancialEngines and hosted by Michael Liersch. Information is believed to be reliable but is not guaranteed. This content is for educational purposes only and does not constitute investment, legal, insurance or tax advice. It is not an offer to buy or sell any product and does not represent an endorsement of third parties. All investments have inherent risks. Consult a financial advisor before investing. Individual results may vary. 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. 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. © 2026 Edelman Financial Engines, LLC. Edelman FinancialEngines® 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 May 2026. AM5484321

    18 min

  5. May 6

    Ep 18: Why does my partner see money so differently? - with Chris Davidson

    Believe it or not, most of us still make financial decisions based on perceptions of money that began forming back in our piggy bank days. Even as kids, we observed how money was handled by those around us, shaping our sense of “the right way” to manage it. You may not even realize how influential those beliefs are...until they clash with your romantic partner’s. In this episode of Money On Your Mind, financial planner Chris Davidson joins host Michael Leirsch to explore the “Money Scripts” running in the background of our psyche and where partners with different scripts tend to clash. You’ll learn how to identify your own Money Script, why this exercise is essential for couples (even when it feels thorny) and how to align decisions with your shared values for financial harmony at home. Frequent listener? Consider leaving the show a review so others can find it, too. Money on Your Mind is produced by Edelman Financial Engines and hosted by Michael Liersch. Information is believed to be reliable but is not guaranteed. This content is for educational purposes only and does not constitute investment, legal, insurance or tax advice. It is not an offer to buy or sell any product and does not represent an endorsement of third parties. All investments have inherent risks. Consult a financial advisor before investing. Individual results may vary.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.  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. © 2026 Edelman Financial Engines, LLC. Edelman FinancialEngines® 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 andguidance basis only. Results are not guaranteed. Produced May 2026. AM5460300.

    20 min

  6. Apr 29

    Ep 17: What should I do in a rocky midterm election year? - with Aaron Kirkland

    While things feel volatile right now, history shows us that uncertainty in midterm election years isn’t unusual – it can actually bring new opportunities. As financial planner Aaron Kirkland tells his clients, it’s all about shifting your mindset. Just like a downhill mountain biker learns not to slam the brakes and wipe out, you can train yourself to approach a down market with control and foresight. In this episode, Aaron and Michael discuss how to avoid reacting with fear, the strategies you can consider in these times and some heartfelt advice about using your money to make more memories. Money on Your Mind is produced by Edelman Financial Engines and hosted by Michael Liersch. Information is believed to be reliable but is not guaranteed. This content is for educational purposes only and does not constitute investment, legal, insurance or tax advice. It is not an offer to buy or sell any product and does not represent an endorsement of third parties. All investments have inherent risks. Consult a financial advisor before investing. Individual results may vary.  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.  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. © 2026 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 April 2026. AM5436720

    19 min

  7. Apr 22

    Ep 16: Best of: What our planners want you to do right now

    A special compilation episode featuring words of wisdom from Edelman Financial Engines financial planners. Forget detailed analysis and hypotheticals – here are your action items to consider right now. From kicking off your estate planning, to actually feeling confident in your retirement plans and reaching out for a trusted opinion, these are the tasks our financial planners wish you’d put at the top of your to-do list. If you feel stuck or overwhelmed in your financial planning journey, we hope you’ll hear at least one tip in this episode that reveals what you can do next. Even if taking the first step is the hardest, it might just make the biggest, most lasting impact. If you’re enjoying Money On Your Mind, please consider leaving us a rating to help others find the show, too.   Money on Your Mind is produced by Edelman Financial Engines and hosted by Michael Liersch. Information is believed to be reliable but is not guaranteed. This content is for educational purposes only and does not constitute investment, legal, insurance or tax advice. It is not an offer to buy or sell any product and does not represent an endorsement of third parties. All investments have inherent risks. Consult a financial advisor before investing. Individual results may vary. 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. 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. © 2026 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 April 2026. AM5415087

    15 min

  8. Apr 15

    Ep 15: What’s really getting in the way of estate planning? – with Ted Borowiak

    If estate planning is filed in your brain somewhere under “Stuff I should probably do” or “Things I’ll deal with later,” you need to hear this. Michael Liersch is joined by financial planner Ted Borowiak for an honest conversation about why estate planning is so easy to put off, what’s often missing when people finally get started and how to move forward without feeling ashamed or overwhelmed. Together, they talk about why people struggle to even think about it, why you need more than a will and why starting to make decisions, even imperfectly, can help you avoid stress and unintended consequences for the people you care about most. Money on Your Mind is produced by Edelman Financial Engines and hosted by Michael Liersch. Information is believed to be reliable but is not guaranteed. This content is for educational purposes only and does not constitute investment, legal, insurance or tax advice. It is not an offer to buy or sell any product and does not represent an endorsement of third parties. All investments have inherent risks. Consult a financial advisor before investing. Individual results may vary. The information regarding estate planning should not be construed as tax or legal advice and is for general informational purposes only. 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. © 2026 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 April 2026. AM5391506

    20 min
See All (22)

Ratings & Reviews

4.8
out of 5
27 Ratings

About

Each week, EFE financial planners join Dr. Michael Liersch, Chief Planning Officer at Edelman Financial Engines, for conversations about what’s top of mind for clients. They explore common questions, from navigating market volatility to planning major milestones, offering practical guidance and deeper insight into sound financial planning. It’s an ideal listen for a quiet moment and a chance to better understand your financial life. Produced by Edelman Financial Engines. See episode descriptions for more information about this show.

Information

  • Creator
    Edelman Financial Engines
  • Years Active
    2K
  • Episodes
    22
  • Rating
    Clean
  • Copyright
    © Edelman Financial Engines
  • Show Website
    Money on Your Mind

You Might Also Like