Jill on Money with Jill Schlesinger Downshift or Double Down?
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Sep 15, 2025 Explore the impact of charitable giving as new federal policies emerge. Learn about the challenges of juggling family finances while preparing for retirement and managing childcare costs. Listen in on a couple's candid discussion about achieving financial flexibility amidst rising living expenses. Gain insights on financial planning, from savings and investments to housing decisions, all while balancing career satisfaction and family responsibilities. And don't miss essential tips for navigating mid-career financial challenges!
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Mid-Career Parent Seeking A Gut Check
- Elise describes being a mid-career parent balancing two young kids and full-time work.
- She reached out for a gut check on retirement readiness and next steps amid possible family moves.
Financial Snapshot: Strong Savings, Tight Space
- Elise reports $250K in cash, extensive retirement accounts, and aggressive 401(k) contributions.
- She and her husband earn about $320K and currently face tight living space and high local costs.
Cheap Rent Can Mask Moving Tradeoffs
- Low rent in a high-cost region can hide the true tradeoffs of moving.
- Moving may not meaningfully reduce costs, so quality-of-life gains must justify higher housing expenses.
