Top financial adviser: 'If all you do in life is work really hard, you're never going to get wealthy'

In school, we learn that hard work will get us ahead in life. Work hard, earn more, get rich.

But, “that’s only half the story,” says Ric Edelman, CEO of Edelman Financial Services, one of the nation’s leading financial advising firms, and author of the new book “The Truth About Your Future: The Money Guide You Need Now, Later, and Much Later.“

In fact, Edelman told Business Insider in a recent Facebook Live interview, “If all you do in life is work really hard, you’re never going to get wealthy. Because it’s not enough that you work hard to make money to set some of it aside.”

Edelman says in order to ensure future wealth, you must “equally” work smart.

Specifically, by investing. Read more

Tanza Loudenback Business Insider Australia 3 Apr 2017