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So Money with Farnoosh Torabi

554: Ask Farnoosh, Help! My parents are in their 50's with NO retirement savings.

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.72K Ratings

🗓️ 31 March 2017

⏱️ 31 minutes

🧾️ Download transcript

Summary

How can you help your parents if they're behind on their retirement savings? Should you put extra payments toward your mortgage? What should you ask for in a relocation package? Answering these questions and more on this week's Ask Farnoosh.

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Transcript

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0:00.0

So Money episode 554, Ask Farnush.

0:05.4

You're listening to So Money, with award-winning money guru Farnush

0:08.8

Karabi. Each day, get a 30 minute dose of financial inspiration from the world's top business minds,

0:15.0

authors, influencers, and from Farnus herself.

0:19.3

Looking for ways to save on gas or double your double coupons?

0:23.0

Sorry, you're in the wrong place.

0:25.0

Seeking profound ways to live a richer, happier life.

0:28.5

Welcome to So Money.

0:32.2

Welcome to So Money, everyone. I'm your host, Farnoosh Tarabi. It is Ask

0:36.2

Farnoosh Friday. We've got topics ranging from relocating for a job, mortgages,

0:42.0

and also debt versus savings, which should take priority.

0:46.4

I've got some answers.

0:48.2

Joining us as always is Sophia, our lovely, lovely and talented friend, assistant, millennial.

0:54.6

You wear many hats.

0:57.2

I do.

0:59.1

I rely on you for many things.

1:00.6

Welcome to the show.

1:01.9

Thank you. It's the last day of March and it is officially

1:05.9

spring. We are recording this prior to of course March 31st and it's still technically winter

1:12.3

and where we are recording right now but it is

1:15.2

almost 70 degrees in Brooklyn and I have windows open I took a walk it's wonderful

1:21.5

that we have this you know know, these occasional warm days, but also a little frightening.

...

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