Jill on Money with Jill Schlesinger On Track for Retirement in Seven Years?
11 snips
Apr 23, 2025 Discover strategies for maximizing retirement savings and effectively managing debt. Explore the financial landscape of a 60-year-old navigating investments and pension benefits. Dive into the challenges faced by investors dealing with market volatility and real estate values. Learn about personal finance techniques essential for planning around special needs care. Finally, get insights on creating a balanced portfolio tailored to individual goals, emphasizing the importance of asset allocation and risk management.
AI Snips
Chapters
Transcript
Episode notes
High Risk NVIDIA Stock Holding
- Therese has a $275,000 position in NVIDIA stock which dropped about $80,000 recently.
- She bought it based on IT investment advice and is evaluating if she should reallocate.
Strong Multi-Source Retirement Setup
- Therese's combined income streams and assets position her well for retirement.
- Her ex-husband's pension, Social Security, and investments provide a strong financial foundation.
Rebalance Stock Concentration Wisely
- Consider selling some NVIDIA shares and reallocating into diversified index funds to reduce risk.
- Use a Vanguard personal service advisor for assistance with rebalancing and investing.