EPISODE · Feb 4, 2026 · 19 MIN
Ep 4: Am I going to run out of money?
from Money on Your Mind · host Edelman Financial Engines
Ever find yourself awake at 3 a.m., wondering what yourfinances really look like? Many of us carry the weight of financial stress in our heads, without ever putting the full picture on paper. In part one of this two-part episode, Dr. Michael Liersch, Chief Planning Officer at Edelman Financial Engines, sits down with EFE financial planner Laela Erickson toexplore how to break the cycle of “mental accounting” to give yourself better peace of mind. They discuss why understanding your real spending, planning for changing expenses over time and aligning your money with your values can help replace uncertainty with confidence – and turn financial planning into a tool for a more fulfilling life.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.© 2026 Edelman Financial Engines, LLC. Edelman Financial Engines® is a registered trademark of Edelman Financial Engines, LLC. All advisory services provided by FinancialEngines Advisors L.L.C., a federally registered investment advisor. Certain services provided on an educational and guidance basis only. Results are not guaranteed. [Produced FEBRUARY 2026.] AM5181283
What this episode covers
Ever find yourself awake at 3 a.m., wondering what yourfinances really look like? Many of us carry the weight of financial stress in our heads, without ever putting the full picture on paper. In part one of this two-part episode, Dr. Michael Liersch, Chief Planning Officer at Edelman Financial Engines, sits down with EFE financial planner Laela Erickson toexplore how to break the cycle of “mental accounting” to give yourself better peace of mind. They discuss why understanding your real spending, planning for changing expenses over time and aligning your money with your values can help replace uncertainty with confidence – and turn financial planning into a tool for a more fulfilling life.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.© 2026 Edelman Financial Engines, LLC. Edelman Financial Engines® is a registered trademark of Edelman Financial Engines, LLC. All advisory services provided by FinancialEngines Advisors L.L.C., a federally registered investment advisor. Certain services provided on an educational and guidance basis only. Results are not guaranteed. [Produced FEBRUARY 2026.] AM5181283
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Ep 4: Am I going to run out of money?
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