Investors lower expectations from 'outrageous' to 'almost reasonable'

Money Life with Chuck Jaffe

David Goodsell, executive director of the Natixis Center for Investor Insight, discusses the firm's 2025 Individual Investor Survey, which shows that investors were so satisfied with the 20-plus percent gains of 2023 and '24 that they are expecting less this year, but they have only dropped their expectations from roughly 17 percent down to about 12 percent, and Goodsell notes that financial advisers sugest those numbers aren't realistic or responsible. Goodsell says he believes the market is heading towards "a new age of diminished expectations." Sociologist and author Juliet Schor discusses her latest book, "Four Days a Week: The Life-Changing Solution for Reducing Employee Stress, Improving Well-Being, and Working Smarter, leaning into whether the business community and the government could ever adopt a massive workplace change on a broad scale. Todd Rosenbluth, head of research at VettaFi, leans into current events to examine an advocacy fund with his ETF of the Week, and Chuck answers a listener's question about the "Buy, borrow and die" strategy a financial adviser is pitching to his friend's elderly, wealthy mother.