Jill on Money with Jill Schlesinger

Did you know, when you hit age 73, most people have to start taking required minimum distributions, or RMDs, from their tax-deferred retirement accounts, like a traditional IRA or 401(k)? What does that mean for your money?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

The discussion kicks off with the importance of estate and insurance planning for securing financial futures. As retirement approaches, listeners get savvy tips on effective portfolio management and transitioning from saving to spending. Delving into homeownership, they explore mortgage intricacies and annuity options. Strategic retirement income decisions are highlighted, especially regarding Social Security benefits. Finally, listeners learn essential financial strategies, including the benefits of annuitization and transitioning funds to Roth accounts for a stable income.

Explore the impact of estate planning and life insurance for peace of mind, alongside tips for finding affordable options. Delve into how parents can navigate financial support for their children's home purchases in competitive markets. Reflect on the critical need to assess your financial advisor's role, along with personal stories and insights from listeners. Plus, discover innovative ideas like 'double nomics' for maximizing rewards during financial decisions.

As retirement looms, fears and stress often overshadow excitement. The discussion highlights the significance of financial planning, especially regarding life insurance and automated investment strategies. Couples navigate complex pension options and healthcare needs, illustrating the art of strategic retirement preparation. Family dynamics add another layer, as concerns grow over raising grandchildren and the emotional strain of financial support. Ultimately, choosing the right retirement income strategy is key to achieving long-term stability and peace of mind.

Explore the unexpected economic boom with growth jumping from 1.4% to 2.8%, driven by consumer spending. Delve into how rising debt is impacting lower and middle-income Americans. Discover the evolving labor market and recent stock market shifts, including notable gains in the S&P 500 and NASDAQ. Also, get insights into potential Federal Reserve policy adjustments as inflation rates decline. Tune in for valuable financial guidance and listener engagement!

Jill, a financial expert known for her insights into personal finance and retirement strategies, shares valuable advice on several pressing topics. She discusses whether the 4% rule is still relevant and reveals the best part-time side hustles to boost income. The conversation also covers stock-picking tips and how to decide when to stop contributing to your retirement fund. Jill emphasizes the importance of balanced financial planning, enabling listeners to enjoy their earnings while securing their futures.

Discover the truth behind the 4% rule and its relevance for retirement planning. Explore flexible side hustles perfect for a minor league baseball player looking to boost income. Delve into the complexities of housing decisions for families with special needs, weighing moving versus renting. Finally, navigate the age-old debate of renting versus buying a home, armed with insights and resources to help you make informed choices. Get ready for practical financial wisdom!

The podcast explores the impact of elections on markets and managing a concentrated brokerage account, addressing various financial topics including retirement rules, investment assumptions, and inflation. The hosts also provide financial advice on capital loss utilization, dividend yield, and interacting with the show.

Exploring topics such as retirement savings, investments, and income streams. Discussing the recommendation against investing in fixed annuities. Emphasizing the importance of estate planning and expert advice on Social Security.

Explore the debate between Roth 401(k) and traditional 401(k) contributions. Get personalized financial advice on home purchases, insurance, retirement savings, investments, and tax strategies. Learn how Homes.com simplifies home shopping challenges with neighborhood guides, school reports, and collaboration tools.