Can I Retire a Bit Early?
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 9 October 2022
⏱️ 11 minutes
🧾️ Download transcript
Summary
Due to a variety of reasons, I'm thinking about retiring a bit earlier than anticipated, can I do it?
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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.
Transcript
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| 0:00.0 | Welcome to the Jill on Money Show. It's Sunday, October 9th. And Mark and I, CFP, certified financial planners, we are here not to tout crypto. Didn't you just love that Kim Kardashian story mark during the week? It was delicious. She gets paid 250 grand to say, this is not financial advice, but you should go |
| 0:23.4 | check out this type of crypto asset. It was a coin, I think. And the SEC just hammered her. |
| 0:29.5 | It's a good reminder. You have to know whether people are compensated to give advice. And if |
| 0:35.0 | you're buying financial advice or a product from a salesperson, |
| 0:39.4 | just understand how that person is getting paid. It might cloud their judgment. Anyway, she had to give |
| 0:44.6 | the money back and pay a million and one point two five. I think a million and a quarter penalty. |
| 0:49.1 | Which is like five dollars to her. Five dollar. Anyway, she's a quite a good business person. I bet that's the last time she |
| 0:55.6 | says, oh, yeah, sure, I'll do that and without paying attention. I'm sure she'll learn that lesson |
| 1:00.5 | very clearly. You know, it was so obvious that when we had all that crypto advertising during the |
| 1:05.8 | Super Bowl, that that was a jump to the shark moment for that security or that investment idea. |
| 1:11.2 | But may not go away, you know, many times before people have predicted the demise of crypto, |
| 1:17.7 | only to see it kind of stay where it is. |
| 1:19.6 | I'm surprised that Bitcoin is held up as well as it has in the latest down draft of selling. |
| 1:25.2 | But so be it. |
| 1:26.2 | Okay. |
| 1:26.4 | If you've got a question about how to pay your advisor, how you are paying your advisor, |
| 1:32.3 | how you should manage your relationship with a financial professional, we'd love to |
| 1:36.2 | hear from you. |
| 1:36.9 | Go to our website, jillonmoney.com. |
| 1:39.6 | Click the contact us button and do let us know if you'd like to come on the air. |
| 1:43.5 | Today, we are talking |
| 1:44.5 | to Mark from Buffalo. I am 58 years old and 13 months I will turn 60. Lots of long hours and |
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