Can I Retire in Four Years?

Jill on Money with Jill Schlesinger

Audacy

Investing, Education, Business, Self-improvement

4.6 • 1.9K Ratings

🗓️ 29 January 2023

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

At the ripe old age of 49, I'm wondering if I can retire from my current job in about four years?

Have a money question? Email us, ask jill [at] jill on money dot com.

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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.
0:05.5	It's Sunday, January 29th.
0:08.4	And this is the program that attempts to take the mystery out of your financial life.
0:12.7	You know how we do that?
0:13.9	We ask you to do a little bit of work.
0:16.2	All you need to do is go to our website JillOnMoney.com.
0:20.4	Click the contact us button and you just let us know if you'd be willing to come on the
0:23.8	air.
0:24.8	Mark us everything else.
0:25.8	It's very nice.
0:27.0	And while you're on the website, there's all sorts of content there.
0:29.8	It's refreshed all the time and of course you can buy the book The Great Money Reset.
0:34.6	Okay, right now let's go take a question.
0:37.3	This is Joe who is on the line from Minnesota.
0:40.2	I'm 49 years old and I'd like to retire in a perfect world in about four years.
0:46.6	I will have a government pension along with the 457B that I've got about $560,000 in.
0:56.3	Great.
0:57.3	The government pension, what will the amount be if you were to retire in four years?
1:02.0	Approximately $6,000 a month.
1:04.7	Does that cover most of your needs?
1:06.4	I think it will.
1:07.4	I don't.
	...

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