Jill on Money with Jill Schlesinger Is One Million Enough?
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Dec 1, 2025 JP, a semi-retired theater artist from Milwaukee, seeks assurance about his financial readiness for retirement. He discusses his household income, expenses, and concerns about convincing his wife they are financially secure. Jill emphasizes that 'enough' depends on lifestyle choices and reviews their projected incomes and savings. They evaluate a desired spending target of $70K, affirm JP's strong liquidity, and ultimately conclude that their financial situation is solid. Jill reassures JP, highlighting their disciplined saving habits.
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Wealthy Party Line Sparks 'Enough' Question
- JP recounts a party story where one wealthy person said another would never have "enough."
- He uses that story to question whether they personally have saved enough for retirement.
Context Matters More Than A Round Number
- The number 'one million' is less important than income, expenses, housing equity, and pensions.
- Jill emphasizes that context (rental income, pensions, low costs) matters more than a round net-worth target.
Validate Income Against Lifestyle Needs
- Do review your projected income versus desired spending to see if your savings target is sufficient.
- Jill Schlesinger confirms JP and his wife’s income and pensions comfortably cover their $70k target, so they can be confident financially.
