The Metaverse Explained (and Why You Should Care)

It’s not just kids in headsets playing D&D and art lovers strolling the Louvre from their living rooms, the metaverse is a whole new world – one that has the power to affect your finances.

A man wearing virtual reality headset is surrounded by a constellation of points of light.
(Image credit: Getty Images)

Imagine a day when, despite being thousands of miles apart, you and your grandchildren can put on visorlike headsets and “walk” together through a digital version of the Smithsonian, Times Square or even your local shopping mall. You’ll be able to watch movies with them or attend virtual reality “concerts” together and then hang out with the artists and other fans in a virtual “backstage” salon after the concert. You’ll be able to do this with your loved ones in real time, even though you’re on opposite sides of the world.

That’s the future of the metaverse!

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Neither AEWM nor advisers providing investment advisory services through AEWM recommend or facilitate the buying or selling of cryptocurrencies. Stuart Estate Planning Wealth Advisors is an independent financial services firm that utilizes a variety of investment and insurance products. Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Stuart Estate Planning Wealth Advisors are not affiliated companies. All investments are subject to risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Any references to guarantees or lifetime income generally refer to fixed insurance products, never securities or investment products. Insurance and annuity product guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. Media appearances are paid placements. The appearances in Kiplinger were obtained through a PR program. The columnist received assistance from a public relations firm in preparing this piece for submission to Kiplinger.com. Kiplinger was not compensated in any way. 1236237 – 3/22

Disclaimer

The appearances in Kiplinger were obtained through a PR program. The columnist received assistance from a public relations firm in preparing this piece for submission to Kiplinger.com. Kiplinger was not compensated in any way.

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This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

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Craig Kirsner, Investment Adviser Representative
President, Stuart Estate Planning Wealth Advisors

Craig Kirsner, MBA, is a nationally recognized author, speaker and retirement planner, whom you may have seen on Kiplinger, Fidelity.com, Nasdaq.com, AT&T, Yahoo Finance, MSN Money, CBS, ABC, NBC, FOX, and many other places. He is an Investment Adviser Representative who has passed the Series 63 and 65 securities exams and has been a licensed insurance agent for 25 years.