Jill on Money with Jill Schlesinger

A 70-year-old seeks advice on paying off their mortgage using TSP funds, sparking a discussion on retirement savings versus immediate financial relief. The episode emphasizes the importance of liquidity, especially during later stages of life, and explores the implications of interest rates on such decisions. Additionally, listeners are guided through car buying strategies and the intricacies of charitable contributions, while highlighting the vital role of realtors for homebuyers in California.

With some proceeds from a real estate transaction about to come our way, should we invest in the market or wait until things settle down?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 listener grapples with early retirement at 47, pondering financial readiness and life changes. The conversation emphasizes evaluating pension plans and investments while considering a move to a less stressful environment. Topics include the decision to sell or rent a home in New Jersey versus the costs in Panama, and the importance of understanding retirement accounts and savings. The guide touches on the value of a military pension and the significance of pausing before embarking on new journeys.

After taking a lower paying job, I'm now worried that I might have to work longer than anticipated.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

I think we have enough saved for retirement, but given how crazy the world is right now, I need some reassurance. 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

Listeners voice their concerns about retirement amidst economic uncertainty, stressing the need for careful financial planning. Topics include evaluating savings portfolios like IRAs and 401ks and understanding income sources for a smooth transition. The discussion also highlights the importance of managing risks associated with mortgages and inherited properties. Additionally, the idea of adopting flexible work options and the necessity for estate planning are emphasized, ensuring a secure and adaptable approach to retirement.

Listeners dive into pressing financial questions, especially regarding retirement strategies. Discussions focus on whether all contributions should be Roth, balancing investments with mortgage payments, and job options for a better retirement. The impact of relocating to expensive areas is also explored, along with the decision to rent or sell homes. The merits of converting to Roth IRAs for enhanced financial security and diversification are highlighted, making for an engaging exploration of smart financial planning.

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.

A listener grapples with her husband's fears about retirement, revealing underlying emotional dilemmas beyond finances. The hosts emphasize the importance of humor and positivity in navigating money issues. They dive into the transition challenges of retiring from a steady income, crafting strategies to ease the journey. Engaging topics include how financial decisions impact relationships and the necessity of open communication in tackling financial insecurities. Plus, they share their favorite comedic shows to lighten the mood!

The hosts dive into the maze of retirement planning, offering insightful guidance on pension benefits and Social Security strategies. They emphasize the advantages of delaying benefit claims until age 70 for enhanced financial security. Tax implications from selling rental properties are also discussed, including capital gains and depreciation recapture. Listeners get practical advice on managing finances, covering everything from real estate investments to monthly expenses, ensuring a well-rounded approach to preparing for retirement.