Being Wise in a Smart World

These days, it seems like everything’s getting smarter. Smart phones, smart cars, smart appliances, smart technology. 

Maybe we take things like this for granted, but you can start typing any phrase into Google, and the computer will finish it for you. That’s pretty darn smart.

Unfortunately, our increasingly smart world creates a host of new problems that accompany all the advantages. For example, these innovations are more vulnerable to security and privacy hacking and could be more costly to maintain and repair. 

After all, who do you call when you can’t turn off your smart oven remotely with your cellphone? Your cellphone carrier, internet provider or an appliance repair company?

In New York City, they’ve launched smart sidewalks -- kiosks where passers-by can charge their phones or look up information on a tablet with internet access. But like many new innovations, there are unintended consequences, like people blasting music from the computer at all hours and even looking up inappropriate content at city intersections.

Unfortunately, even members of the younger generation who have grown up with smart technology, are graduating college and finding it difficult to land jobs that utilize all this smart technology. Some have lamented that recent graduates lack the knowledge and skills they need to land a job and succeed at their new careers.

You would hope some things, like your oven and your cellphone, wouldn’t require professional assistance. Your finances, however, may be another matter. As a financial professional, we are here to help you create a retirement income strategy through the use of insurance products that will help you work toward your long-term retirement goals.

Interested in reading more? Here are some articles that may be of interest to you:

[CLICK HERE to read the article, “IoT and Problems: The Issues That Bedevil Any New Tech,” from Readwrite. July 14, 2016.

[CLICK HERE to read the article, “New York’s Sidewalks Get a Smart Upgrade,” from Readwrite. July 20, 2016.]

[CLICK HERE to read the article, “These Are the Skills Bosses Say New College Grads Do Not Have,” from Forbes. May 17m 2016

Raymond C. Lantz, Jr. is the president and founder of USA Wealth  Group, Inc. Ray has many years of experience advising clients in retirement and sophisticated tax planning strategies, multi-family and commercial real estate projects, and legacy planning. Ray is a graduate of Clark University, holds a law degree from Boston College, and a master of laws in taxation from Boston University. You can hear him every Sunday on Money Wise with  Ray Lantz on WBSM 1420AM or on the Radio Pup app.