42. Cemeteries

Summary

Podcast Summary

The Economics of Everyday Things, Episode 42: Cemeteries

Host: Zachary Crockett
Date: May 25, 2026
Duration: ~22 minutes

---

Episode Overview

In this episode, Zachary Crockett explores the surprising economics, history, and future of cemeteries. He digs into how cemeteries balance a promise of “forever” against shifting market forces, why burial plots can become speculative real estate, and how the industry adapts as cremation overtakes traditional burial. With insights from cemetery CEO Jeff Lindemann, law professor Tanya Marsh, and cemetery plot broker Terry Arellano, listeners get a panoramic view of what happens after death—from business models to quirky resale markets.

---

Key Discussion Points & Insights

1. Cemeteries as Big Business

• Scenic but Pricey Resting Places
  • Mountain View Cemetery in Oakland offers views of the Golden Gate Bridge; burial plots can fetch up to $50,000 ([01:16]).
  • Cemeteries are a $3 billion industry in the US ([01:23]).
• Cemeteries Have CEOs
  • Jeff Lindemann, CEO of Mountain View, explains their nonprofit status and financial obligations ([01:23]).

“You might pay as much as $50,000 for a premium plot.” — Jeff Lindemann [01:16]

The Promise of Forever

• To maintain graves "in perpetuity," cemeteries put money into trust funds, but managing a finite resource forever is challenging ([01:42]).
• Tanya Marsh, law professor: “It's really kind of greedy ... to say a person who died is going to occupy this couple square feet of real estate forever. And we're never, ever, ever going to change it.” [02:08]

---

2. The Evolution of American Cemeteries

• From Town Plots to Rural Parks
  • Burial practices shifted from family/church lands ("a little corner of the farm") to large, park-like rural cemeteries as city graveyards became overcrowded and unsanitary ([02:55]).
• By the mid-19th century, private cemeteries became big business opportunities ([04:31]).

"Cemeteries are just another real estate use." — Tanya Marsh [04:31]

Who Owns and Runs Cemeteries?

• Cemeteries can be run by religious groups, governments, private companies, or nonprofits ([03:55]).

---

3. Cemetery Economics Explained

• What Buyers Really Purchase
  • You don’t buy land; you buy a long-term burial “easement” (the right to use the land) ([05:22]).
• Cost Breakdown
  • Average costs:
    • Burial plot: ~$3,600 nationally; from $1,000 in small towns to millions in celebrity cemeteries ([05:37]).
    • Traditional burial, with headstone, vault, and fees, can exceed $20,000 ([06:47]).
• Perpetual Trust Funds
  • Cemeteries must invest a portion of sales into trust endowments to sustain long-term maintenance ([07:08], [07:24]).
  • Mountain View, for example, spends nearly $900,000/year on landscaping and has a $100 million endowment ([07:47]).

Risks and Failures

• Not all cemeteries set aside enough; bankrupt cemeteries can become abandoned ([08:13]).
• Relocating graves for development is costly—Chicago paid $17M to move 15,000 graves for an airport runway ([09:02]).

“Forever means forever until the living decide they want to do something else with that piece of property.” — Tanya Marsh [09:35]

---

4. The Resale and Brokerage Market for Plots

• Why Plots Get Resold
  • People move, remarry, or can’t afford additional burial fees ([15:04]).
• The Plot Broker
  • Terry Arellano has brokered 15,000 plot transfers, often for $100 flat fee; resale prices can be 20–80% below cemetery retail ([14:06], [14:50]).
• Cases & Anecdotes
  • Marital mishaps: “...the first husband, he's in one space, and the one right next to it is reserved for the wife... now she's gotten remarried... husband number two... wants to make sure that space is sold because she's not going to go into that space next to husband number one.” — Terry Arellano [15:13]
• Appreciation of Plot Values
  • Some plots have risen faster in value than the housing market: a $3,000 plot from 30 years ago may now be worth $25,000 ([16:15]).

"The only thing you can always be assured of is that cemetery prices will go up every year, regardless of what the market is doing." — Maureen Walton [16:30]

Online Marketplaces

• Maureen Walton runs Cemetery Exchange, like Zillow but for graves, listing 10,000+ US spaces ([16:39]).

---

5. Cremation: Changing the Game

• Cremation Outpaces Burial
  • Now, 6 in 10 Americans choose cremation, up from 3 in 10 two decades ago ([17:10]).
  • It’s far cheaper: under $2,000 for cremation versus up to $20,000 for burial ([17:28]).
• Why It’s Good for Cemeteries
  • Makes better use of land, especially in cities nearing capacity ([17:40]).

Innovative Space Solutions

• Cemeteries maximize capacity by:
  • Burying caskets upright, using double-decker plots, or permitting multiple urns in one grave ([18:11], [18:48], [19:30]).
  • Spreading gardens for ashes can operate even in “full” cemeteries ([18:11]).
• Mountain View allows family members to share a pricey plot for multiple urns, making premier plots with views more affordable per person ([19:30]).

---

6. International Perspectives and the Future

• Leasing, Not Owning
  • Permanent burial is a luxury abroad; many countries have lease periods after which remains are moved ([20:35], [20:45]).
  • Tanya Marsh notes this is “a much more efficient use of land” ([20:45]).
• Inevitable Decay
  • The notion of “forever” is misleading: “Human remains do not last forever. Even if you embalm them ... they're not going to last forever.” — Tanya Marsh [21:14]

---

Notable Quotes & Memorable Moments

• “When we sell a plot, crypto niche, the idea is that you put enough money away in the trust fund so that over time you can care for the cemetery forever.” — Jeff Lindemann [01:42]
• “It's really kind of greedy ... to say a person who died is going to occupy this couple square feet of real estate forever.” — Tanya Marsh [02:08]
• “You might pay as much as $50,000 for a premium plot.” — Jeff Lindemann [01:16]
• “You don’t get the land. What you’re really purchasing is an easement on the land for burial rights.” — Jeff Lindemann [05:22]
• “Forever means forever until the living decide they want to do something else with that piece of property.” — Tanya Marsh [09:35]
• "The only thing you can always be assured of is that cemetery prices will go up every year, regardless of what the market is doing." — Maureen Walton [16:30]
• “Human remains do not last forever. Even if you embalm them and put them in a steel casket inside a concrete vault, they're not going to last forever … Eventually everything is going to go away and turn into something else.” — Tanya Marsh [21:14]

---

Timestamps for Important Segments

• 00:47 – Introduction to cemeteries as prime real estate
• 01:16 – Price reveal of premium plots
• 01:23 – Cemeteries as a $3B industry; CEO perspective
• 02:08 – Tanya Marsh on “forever” in land use
• 04:31 – Cemeteries as real estate and business
• 05:22 – Burial “rights,” not land ownership
• 06:20 – Hidden costs of burial
• 07:24 – Perpetual trust funds
• 08:13 – Issues with underfunded cemeteries
• 09:02 – Relocating graves for development
• 13:26 – Buying and selling grave plots; the secondary market
• 14:06 – Cemetery plot brokers in action
• 15:13 – Anecdote: remarriage plot dilemmas
• 16:15 – Cemetery plots as appreciating investments
• 16:39 – Online grave “listings”; market extremes
• 17:10 – Cremation trends
• 18:11 – Burials innovations for space constraints
• 18:48 – Cemetery adapts to allow more urns per plot
• 19:30 – Math on maximizing family plot value
• 20:35 – International lease models
• 21:14 – Realities of human decay and the "forever" promise

---

Conclusion

This episode reveals cemeteries as a unique sector where land use, tradition, economics, and the realities of death intersect. From sky-high prices for plots with a view, to the emergence of plot brokers and pressures from the rise of cremation, the promise of “forever” finds itself at odds with the limits of space, money, and changing attitudes. As cities fill and practices evolve, what constitutes a “final” resting place may keep changing right alongside the living.

Transcript

[Commercial Narrator]

There's no small business like your small business. The Hartford can help protect your company. With decades of experience delivering speed, ease and accuracy. Get a quote or find an [e-mail] smallbusiness what does it mean to live a rich life? It means brave first leaps, tearful goodbyes and everything in between. With over 100 years experience navigating the ups and downs of the market and of life, your Edward Jones financial advisor will be there to help you move ahead with confidence. Because with all you've done to find your rich, we'll do all we can to help you keep enjoying it. Edward Jones Member, SIPC.

[Zachary Crockett]

In the city of Oakland, California, you'll find one of America's most scenic cemeteries. Perched in the hills, it has unobstructed views of the Golden Gate Bridge and the San Francisco Bay. These 226 acres of prime real estate are occupied by the remains of titans of industry like the founders of Folgers Coffee and Ghirardelli Chocolate. And if you want to join them six feet under, it'll cost you dearly.

[Jeff Lindemann]

You might pay as much as $50,000 for a premium plot.

[Zachary Crockett]

Jeff Lindemann is the CEO of Mountain View Cemetery. You might not think of cemeteries as having CEOs, but they're a $3 billion industry in the US and there's a lot riding on them making money because they've made an eternal promise to the people buried there.

[Jeff Lindemann]

When we sell a plot, crypto niche, the idea is that you put enough money away in the trust fund so that over time you can care for the cemetery forever.

[Zachary Crockett]

When you're selling a finite resource, though the word forever can be a bit tricky.

[Tanya Marsh]

It's really kind of greedy, you know, from a land use perspective to say a person who died is going to occupy this couple square feet of real estate forever. Forever. And we're never, ever, ever going to change it.

[Zachary Crockett]

For the Freakonomics Radio Network, this is the economics of everyday things. I'm Zachary Crockett. Today, cemeteries. For most of human history, we didn't bury our deceased in the ground. When our oldest ancestors died, they were often left in caves, burned or pushed out to sea. The modern practice of burying people in dedicated graveyards began with organized religion. And when the first Europeans settled in America, they brought that practice with them.

[Tanya Marsh]

For the first couple hundred years of European settlement in America, we really had church cemeteries and family owned cemeteries, like a little corner of a farm.

[Zachary Crockett]

That's Tanya Marsh. She's a professor of law at Wake Forest University and she holds A bit of a unique distinction as far as I know.

[Tanya Marsh]

I teach the only course in funeral and cemetery law at a U.S. law school.

[Zachary Crockett]

Marsh says that America started to rethink its cemetery system during the industrial revolution. Church graveyards tended to be right in the middle of town. As urban populations grew, those burial grounds became overcrowded and unsanitary.

[Tanya Marsh]

They were burying people on top of each other for, you know, way more than 100 years. And it was smelly and it was not awesome to have in the middle of these downtowns. And so they started to build these so called rural cemeteries outside major metropolitan areas in the United States.

[Zachary Crockett]

Today, thousands of these cemeteries dot the American landscape. Some of them look like giant parks with trees, benches, and winding paths. Others look kind of like golf courses with green lawns and flat headstones. Many of these cemeteries are run by religious organizations, local municipalities, or the federal government. In those cases, the funds for running them come from the church or from taxpayers. But a sizable portion of cemeteries are owned by private companies or nonprofits, and those are a big business.

[Tanya Marsh]

Cemeteries are just another real estate use. Right. So if you're thinking about what's the use for a particular piece of land and how can I make money from it? Well, cemeteries might be an option.

[Jeff Lindemann]

We are there to serve consumers who have a little bit of money, and we are there to serve consumers who want something more extravagant.

[Zachary Crockett]

Again, that's Jeff Lindemann, the CEO of Mountain View Cemetery in Oakland, California. The cemetery was built as a nonprofit in the 1860s, and today 205,000 people and counting are interred there. Like most cemeteries, Mountain View has a pretty simple business model. It owns a piece of land, and customers pay to be buried there. But those customers aren't actually buying real estate.

[Jeff Lindemann]

Consumers often mistakenly think that when they purchase a grave, they're purchasing the land and they're not. What they're really purchasing is an easement on the land for burial rights.

[Zachary Crockett]

In other words, those bodies in the cemetery are renters with a veeery long term lease. Nationwide, the average cost for a traditional cemetery plot is around $3,600. In a small town municipal cemetery, you might be able to find one for as little as $1,000. And in a more desirable private cemetery, burial spaces go for many multiples more. The Pierce brothers Westwood Village Memorial park and mortuary is filled with celebrities there. A crypt near Marilyn Monroe recently went on the market for $2 million. And the plot itself is only one small part of the cost a cemetery charges you for a burial

[Jeff Lindemann]

when the time Comes, you will typically incur charges for opening and closing the plot. Most cemeteries will require what we call an outer burial container, and typically, there might be a recording fee. In addition, if you want to purchase a headstone, and most people do, There would be a range of prices Applicable to that as well.

[Zachary Crockett]

If you tally up all the extra costs, A traditional burial at a cemetery can easily exceed $20,000. What you get in return is a guarantee that your remains will be cared for in perpetuity.

[Tanya Marsh]

The law promises us forever when we're talking about cemeteries in many states for profit.

[Zachary Crockett]

And nonprofit cemeteries like mountain view have to put a portion of what you pay into something called a perpetual trust or an endowment fund. That money is invested, and the income is used to keep the cemetery operational for as long as possible.

[Jeff Lindemann]

So that money might be used to mow the lawn, for example. If we have a landslide in the cemetery, it would be used to shore up that landslide. It would be used, for example, to hire an arborist to come out periodically and care for the trees.

[Zachary Crockett]

Upkeep at a cemetery can be expensive. At mountain view, the landscaping and gardening bill is around $900,000 a year. Utilities run half a million, and repairs are just shy of 275,000. Lindemann says his cemetery has more than $100 million in its endowment fund to cover these costs long term. But not every cemetery is so lucky.

[Jeff Lindemann]

Unfortunately, there have been instances where organizations have not put enough money in their trusts. And when those organizations close, we've all seen the cemeteries that have fallen into disarray.

[Tanya Marsh]

Yeah, there's going to be a lot of cemeteries going out of business in the next 20 years.

[Zachary Crockett]

I think when a cemetery goes bankrupt, A few things can happen. In many states, the local government is permitted to step in, but marsh says there's not much of an incentive to do so.

[Tanya Marsh]

Most municipalities and counties don't want to take on the tax burden if there's no money in a perpetual care fund. So, as a result, we have a fairly significant number of abandoned cemeteries in the united states.

[Zachary Crockett]

If a judge approves it, the owner of a bankrupt cemetery can sometimes sell its land for development. All of the buried bodies have to be exhumed at the expense of the buyer. In 2012, the city of Chicago spent $17 million to relocate 15,000 graves so it could build a new Runway at o' hare international airport. And in northern California, a church had to exhume and relocate Dozens of unmarked graves from the 1800s before selling an adjacent plot of land to a developer.

[Tanya Marsh]

I mean, this is one of the funny things about this whole promise of perpetual care. Forever means forever until the living decide they want to do something else with that piece of property.

[Zachary Crockett]

When these cemeteries go away, they're often not replaced because opening a new cemetery is its own unique challenge. Cemeteries are generally exempt from paying property taxes, and they don't create a lot of jobs, so municipalities aren't too keen about using scarce land to house dead people. Potential neighbors usually object too.

[Jeff Lindemann]

Generally, people don't want this cemetery in their backyard. They know that they need to have some form of disposition someday, but not in their backyard.

[Zachary Crockett]

More than 3 million Americans die each year, and for existing cemeteries, the concern is finding enough space to accommodate everyone.

[Jeff Lindemann]

The land that's easy to develop at the cemetery is pretty much fully developed.

[Zachary Crockett]

This fixed supply has given birth to an unusual resale market for cemetery plots that's coming up

[Commercial Narrator]

what does it mean to live a rich life? It means brave first leaps, tearful goodbyes, and everything in between. With over 100 years experience navigating the ups and downs of the market and of life, your Edward Jones Financial advisor will be there to help you move ahead with confidence. Because with all you've done to find your rich, we'll do all we can to help you keep enjoying it. Edward Jones, Member, SIPC

[Mint Mobile Advertiser]

the Economics of Everyday Things is sponsored by Mint Mobile. If you're tired of spending hundreds on crazy high wireless bills, bogus fees and free perks that cost you more in the long run, then a premium wireless plan from mint mobile for 15 bucks a month might be right for for you. All plans come with high speed data and unlimited talk and text delivered on the nation's largest 5G network. Ditch overpriced wireless and get three months of premium wireless service for Mint Mobile for 15 bucks a month. If you like your money, Mint Mobile is for you. Shop [e-mail] economics that's mintmobile.com economics upfront payment of $45 for three three month five GB plan required equivalent to $15 per month new customer offer for first three months only, then full price plan options available, taxes and fees extra. See Mint Mobile for details.

[Booking.com Advertiser]

The Economics of Everyday Things is sponsored by booking.com if you're looking to grow your vacation rental business, this is the place to be. Booking.com is one of the most downloaded travel apps in the world and for good reason. Since 2010 they've helped over 1.8 billion vacation rental guests find places to stay. But here's the thing most vacation rental hosts don't even realize they can list their properties on booking.com and if you're not on the platform, your rental is basically invisible to millions of Booking.com travelers worldwide. After all, they can't book what they can't see, right? But once you start listing on booking.com, your property gets seen by a massive global audience of unique travelers. So if your vacation rental isn't listed on booking.com, it could be invisible to millions of travelers searching the platform. Don't miss out on consistent bookings and global reach. Head over to booking.com and start your listing today. Get seen get booked on booking.com.

[Zachary Crockett]

If you want to be buried in a cemetery, you have two options. You can wait until you die and leave it to your family to figure out, or you can buy a plot in advance. Let's say you snatch up a burial plot 20 years before your time comes, and then you decide that plot isn't where you want to spend eternity. What do you do with the plot? In a lot of cases, the cemetery won't buy it back. You can list it on ebay or Craigslist and try to find someone who's looking for a gravesite just like yours. But your best bet is to head to a certified cemetery plot broker Terry

[Terry Arellano]

Arellano and I am president of Cemetery

[Zachary Crockett]

Property Resales, Inc. Terry Arellano is kind of like a real estate broker. For final resting places, she helps people sell plots they've already purchased or buy them at a discounted rate. In return, she charges a flat fee of around 100 bucks.

[Terry Arellano]

Most of our sellers are actually referred to us by the cemetery, and most of our buyers are referred to us by the funeral home or a caseworker, A hospice caretaker.

[Zachary Crockett]

Over nearly 30 years, Arellano has facilitated the transfer of 15,000 burial plots at more than 50 cemeteries all over the San Francisco Bay Area. She can get you a space for 20 to 80% below what the cemetery

[Terry Arellano]

charges rather than going straight to the cemetery and buying a space that's $8,000 or $10,000 for a single space. We have those for $3,000, $4,000.

[Zachary Crockett]

Most commonly, people sell their plots because they've moved away and want to be buried somewhere else. But there are other reasons, too.

[Terry Arellano]

Oh, this is a good one. The wife purchased two spaces when her first husband died, and so the first husband, he's in one space, and the one right next to it is reserved for the wife when her time comes. Well, now she's gotten remarried, who's calling us husband number two? He Wants to make sure that space is sold because she's not going to go into that space next to husband number one.

[Zachary Crockett]

Arellano says more and more people end up selling their plots for financial reasons. Many times, someone will buy a plot decades in advance without realizing there are additional burial costs down the line.

[Terry Arellano]

So you can imagine maybe somebody bought a grave 40 years ago, and they paid $200 for it, and so they feel like, oh, thank goodness we've got our final resting place. Well, then somebody dies, and they go to the cemetery, and they go, okay, we're ready, and here's some paperwork. And all of a sudden they have to pay the cemetery $10,000.

[Zachary Crockett]

In recent decades, some cemetery plots have appreciated in value more than the housing market. Spaces priced at 3,000 to $4,000 30 years ago are now often going for $25,000.

[Terry Arellano]

The only thing you can always be

[Tanya Marsh]

assured of is that cemetery prices will go up every year, Regardless of what the market is doing.

[Zachary Crockett]

That's maureen walton. She's the founder of the online listing service, the cemetery exchange. It's kind of like zillow, but for cemetery spaces on the site, you can browse through nearly 10,000 cemetery properties for sale across the country.

[Tanya Marsh]

We might have somebody that's selling a single grave space in indianapolis for, let's say, $1,000 up to a private crypt in hollywood forever cemetery for 250,000.

[Zachary Crockett]

But Walton says that traditional burial plots are getting a little harder to sell. Six out of 10Americans are now opting for cremation, which is double what the rate was 20 years ago. This is partly because it's a much cheaper alternative than a casket burial.

[Terry Arellano]

You could get cremated for under $2,000 and walk out with a really nice urn. And then you can decide to be

[Tanya Marsh]

on somebody's mantle for eternity or scattered somewhere.

[Zachary Crockett]

For the cemeteries themselves, this is actually a welcome trend, because running out of land is a serious concern. Once the grave plots are all used up, there's no more revenue. Cemeteries have experimented with all kinds of ways to maximize capacity. They've buried caskets upright rather than horizontally. They've used double decker plots to accommodate multiple bodies. But tanya marsh, the law professor, says it's a lot easier to find space for an urn than a casket.

[Tanya Marsh]

One of my favorite cemeteries is greenwood cemetery in brooklyn. And for the past 40 years, they've been saying about every 10 years, we've got about 10 years left in greenwood. But they keep figuring out ways to kind of squeeze in more space. And one way cemeteries in urban areas have figured out to do it is to build spreading gardens for cremated remains. You can create a spreading garden and let people spread ashes even in a full cemetery. Right.

[Zachary Crockett]

Jeff Lindemann says Mountain View Cemetery has gotten a bit more liberal about its cremation policies.

[Jeff Lindemann]

So often somebody will purchase a grave for a full casket burial, but we will allow families to later on add cremated remains to that grave. So in a sense, it enables us to expand the resource without necessarily having to expand the perimeter or the borders of the cemetery.

[Zachary Crockett]

Mountain view charges around $1,500 for each additional urn buried with an existing plot, plus the cost to open and close the ground. If you get enough family members on board, that plot with a view of the Golden Gate Bridge might become a bit more feasible.

[Jeff Lindemann]

So, for example, let's say you like that plot with the great view. It's $30,000, and you purchase it for a single casket burial. You can also purchase future burial rights for cremations at a much lesser cost. So conceivably, you may eventually inter five or six family members in that single grave. After the additional cremation burial rite cost, let's say we come to $36,000 for that grave. Now you've got a cost per individual of 6,000 as compared to 30,000 for a single grave person.

[Zachary Crockett]

Mountain View has around $25 million worth of grave space left. Lindemann spends most of his time thinking about how he can stretch that out as long as possible. Cemeteries in many other countries don't share this concern.

[Jeff Lindemann]

There are countries where permanent burial is either a luxury or it's simply not allowed.

[Tanya Marsh]

You actually lease a grave for a couple of decades or more, and then you can pay more if you want to extend it. But then if there's bones still left, they're going to take them and put them into a communal spot, something like that. It's a much more efficient use of land.

[Zachary Crockett]

Tanya Marsh wouldn't mind seeing this model applied to American soil. Because in the end, all we are is dust in the wind.

[Tanya Marsh]

Human remains do not last forever. Even if you embalm them and put them in a steel casket inside a concrete vault, they're not going to last forever. You know, we are all organic material. Eventually everything is going to go away and turn into something else.

[Zachary Crockett]

For the economics of everyday things, I'm Zachary Crockett. This episode was produced produced by me and Sarah Lilly and mixed by Jeremy Johnston. We had help from Daniel Moritz Rapson. Have you decided what you're gonna do someday?

[Tanya Marsh]

Oh, honey, I'm going high and dry

[Terry Arellano]

I wanna be in a mausoleum.

[Booking.com Advertiser]

The Freakonomics Radio Network the Hidden side of Everything

[Zepbound Advertiser]

Snoring, gasping during sleep Feeling fatigued Ask your doctor about Zepbound Tirzepatite, the first and only FDA approved prescription medicine for moderate to severe obstructive sleep apnea in adults with obesity. Zepbound is a prescription medicine used with a reduced calorie diet and increased physical activity to help adults with moderate to severe obstructive sleep apnea and obesity to improve their OSA. Zepbound is approved as a 2.5, 5, 7.5, 10, 12.5 or 15mg injection. Zepbound contains Tirzepatide and should not be used with other Tirzepatide containing products or any GLP1 receptor agonist medicines. It is not known if Zepbound is safe and effective for use in children. Don't share needles or pins or reuse needles. Don't take if allergic to it or if you or someone in your family had medullary thyroid cancer or if you've had multiple endocrine neoplasia syndrome type 2. Tell your doctor if you get a lump or swelling in your neck. Stop Zepbound and call your doctor if you have severe stomach pain or a serious allergic reaction. Severe side effects may include inflamed pancreas or gallbladder problems. Tell your doctor if you experience vision changes before scheduled procedures with anesthesia. If you're nursing pregnant, plan to be or taking birth control pills. Taking Zepbound with a sulfonylurea or insulin may cause low blood sugar. Side effects include nausea, diarrhea and vomiting, which can cause dehydration and worsen kidney problems. Talk to your doctor, call 1-800-545-5979 or visit zepbound.lilly.com this episode is brought to

[Jeff Lindemann]

you by Charles Schwab. Is there a right time to sell a stock? Are you taking the right risks with your portfolio? Financial decisions can be tricky and often your own cognitive and emotional biases can lead you astray. Financial Decoder, an original podcast from Charles Schwab, can help join host Marc Reape as he offers practical solutions to help overcome the cognitive and emotional biases that may affect your investing decisions.

[Zachary Crockett]

[e-mail] FinancialDecoder Ready or not summer is coming and Wayfair's Memorial Day clearance is on now. Right now through May 25th. Get up to 70% off everything home at Wayfair plus score amazing doorbuster deals all sale long and surprise flash deals on Memorial Day. We're talking thousands of products at every style and budget. Now is the time to save big on must haves for your patio, backyard, and beyond. These savings won't last, so don't wait. Shop Wayfair's Memorial Day clearance now through May 25th. Wayfair Every style, every home.