Jill on Money with Jill Schlesinger Get Out of Here and Enjoy Your Life
15 snips
Jul 31, 2025 Explore the journey of transitioning to part-time work in retirement and the importance of financial planning. Discover strategies to navigate personal finances after major life changes, like divorce, including insights on 403B accounts. Dive into retirement choices, contrasting pensions with annuities, and the significance of work-life balance. Finally, learn about the 'glide path' approach to retirement, emphasizing proactive health decision-making and positive daily actions in a changing world.
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Debra's Nursing Retirement Shift
- Debra, a 71-year-old nurse, shares how she shifted from full-time to part-time work after retiring from full-time nursing.
- Despite working fewer hours, her earnings plus Social Security keep her financially stable.
Social Security Covers Monthly Expenses
- Debra's social security nearly covers her monthly expenses, highlighting a solid financial foundation.
- Combining Social Security, pension, and savings, she is financially prepared for retirement.
Permission to Spend Retirement Funds
- Give yourself permission to spend money from your retirement savings to enjoy life.
- Setting up a withdrawal system to mimic pension payments can help mentally prepare for spending.
