Jill on Money with Jill Schlesinger

With over two million in tax-deferred accounts, and now that we're both retired, we feel now is the time for Roth conversions. How much should we do and how fast should we do it?Have a money question? Email us hereSubscribe to Jill on Money LIVEYouTube: @jillonmoneyInstagram: @jillonmoneyTwitter: @jillonmoney"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Explore the intriguing idea of treating your pension like cash while contemplating riskier investments. Discover strategies for optimal retirement planning, particularly with substantial pensions and 401(k) funds. Delve into asset allocation and the potential market risks faced as you approach retirement. Learn about the importance of estate planning and preparing documents to secure your family's financial future. Get insights on balancing aggressive investment choices against the stability of pension income.

If I max out traditional contributions to my 401(k), it will lower my AGI and I'll be eligible to make Roth IRA contributions for me and my wife. Does that make sense? Or should I forget about the Roth IRAs and stick to the Roth 401(k)?Have a money question? Email us hereSubscribe to Jill on Money LIVEYouTube: @jillonmoneyInstagram: @jillonmoneyTwitter: @jillonmoney"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

My wife and I are retired and we're trying to decide if we should start collecting Social Security and let our investments grow or should we take money from our brokerage account and do Roth conversions?Have a money question? Email us hereSubscribe to Jill on Money LIVEYouTube: @jillonmoneyInstagram: @jillonmoneyTwitter: @jillonmoney"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

A couple grapples with the financial realities of pursuing their dream home, weighing investment strategies and assessing mortgage affordability. They delve into the joys of homeownership and smart savings options, while also reminiscing about holiday culinary triumphs and childhood milestones. The conversation takes a fun detour into cycling and personal finance, addressing complex queries like treasury direct loans and I-bond rates. Heartfelt listener success stories illustrate the transformative power of sound financial advice.

Discover the intricate dynamics of real estate investment and how it can impact long-term financial goals. Delve into a family's financial stability while contemplating a major move and the emotional toll of selling their home. Hear about planning and strategizing a dream lake house purchase, balancing investments in IRAs and brokerage accounts. Explore the complexities involved in significant financial commitments and the importance of managing savings, income, and tax implications in high-stakes property transactions.

The journey to retirement at 55 brings financial complexities. Real estate investment is dissected, revealing its pros and cons. Stay informed about income sources and the dynamics of family finances as retirement nears. Dive deep into managing retirement accounts like IRAs and 401ks for strategic planning. Long-term care and insurance options are crucial for pre-retirees, alongside updating important estate documents to reflect life's changes. Prepare wisely to ensure a secure financial future!

Explore innovative retirement strategies and essential tips for navigating family finances. Dive into proactive planning methods like Roth IRAs and 529 accounts for children's education. Discover how to optimize college funding while considering family income's impact on scholarships. Delve into the benefits of job flexibility in nonprofit careers and reassessing life insurance policies. Learn about vital estate planning tools like wills to secure your family's future against uncertainties.

Explore the roots of financial anxiety and how early education shapes adult money habits. Discover smart strategies for retirement and effective debt repayment. Learn about investment management and the value of education savings plans, such as 529s. The discussion emphasizes the need for adaptability in finances and the significance of working with a financial advisor for personal stability. Plus, gain insights into the balance between family finances and future planning.

The podcast dives into the perplexing stagnation of 529 college savings plans despite a booming market. Listeners hear about the strategic balancing act required for retirement planning, especially after a layoff. An engaging discussion uncovers doubts about annuity investments, stressing the importance of understanding personal financial situations. Additionally, experts emphasize the need for revisiting financial goals following major life changes and the benefits of different investment options like Roth 401(k) plans.