Jill on Money with Jill Schlesinger Managing the Moving Parts
8 snips
Jan 12, 2026 Navigating retirement can feel overwhelming, especially with family dynamics at play. The couple discusses their financial landscape, including pensions and retirement savings. Jill offers valuable advice on timing Social Security claims to maximize benefits. She encourages using pre-tax accounts for early income needs and shares tax strategies to stay within certain brackets. Plus, they delve into the importance of estate planning, especially for a child with special needs, and Jill's mortgage advice keeps their finances in check.
AI Snips
Chapters
Transcript
Episode notes
Family Context Shapes Financial Choices
- Pat describes being a long-time worker with multiple career changes and a public-sector pension.
- Jane notes their youngest has special needs requiring lifelong oversight, shaping their planning priorities.
Pensions Create A Strong Retirement Base
- Jane and Pat will receive substantial guaranteed pension income totaling roughly $143,000/year.
- That pension base plus Social Security makes their retirement cashflow very strong and reduces risk of running out of money.
Keep Special Needs Trusts Up To Date
- Maintain and update estate documents, including a special needs trust, to protect a dependent child.
- Work with an attorney to confirm pension survivors and trust interactions as plans evolve.