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HerMoney with Jean Chatzky

Bonus Mailbag #16: Retirement and Investing

HerMoney with Jean Chatzky

Jean Chatzky Her Money

Investing, Business

4.71.5K Ratings

🗓️ 27 December 2019

⏱️ 20 minutes

🧾️ Download transcript

Summary

In this Mailbag-only episode, Jean advises a woman on how much she really needs to save for retirement. Is $1.7 million per person the right amount? Jean guides a mother of twins who is saving for retirement in a 401(k) and also considering investing in real estate and putting money into an HSA. Lastly, we tackle the question of investing worries that are rooted in a fear of losing money, and a question about selling stock in order to pay off the mortgage early. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

You're listening to an by Fidelity Investments.

0:14.0

You've worked too hard to let your money just sit in savings.

0:18.0

Learn how to make your money work as hard as you do at Fidelity.com

0:21.0

slash demand more.

0:26.9

Hey everybody it's Gene Chatsky.

0:28.4

Welcome to Her Money.

0:29.5

Thanks so much for joining me and Catherine Tuggle today

0:32.4

for a special mail bag only episode. We are going through our inbox. We are tackling your questions and we are doing this as a holiday gift to all of our listeners.

0:45.0

So today we are going to dive into some of the questions you've submitted around

0:50.2

retirement and saving enough for your future.

0:54.5

Catherine, I'm sure there were a lot of those.

0:56.8

A lot.

0:57.4

We get retirement questions more commonly than anything else.

1:00.4

Well, that's good because retirement is up there on the list of financial things that we really should be thinking about sooner rather than later.

1:08.0

So let's just go.

1:10.0

Let's dive on in. Our first question comes to us from our private her money Facebook group.

1:15.0

And just a reminder for people who are not in our private her money Facebook group,

1:20.0

just let us know that you'd like to be part of this group. Go to it on

1:24.0

Facebook. Say that you want to join. We let you write in.

1:27.0

Request to join, answer three questions. And it's a private group which means that

1:31.6

members in the group can see what you write and post, but your

1:34.6

Facebook friends cannot see what you write and post.

...

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