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Jill on Money with Jill Schlesinger

Coronavirus: Planning on Retiring Soon

Jill on Money with Jill Schlesinger

Audacy

Self-improvement, Business, Investing, Education

4.61.8K Ratings

🗓️ 30 March 2020

⏱️ 13 minutes

🧾️ Download transcript

Summary

When you're young and time is on your side, it's much easier to ride out the recent turbulence on Wall Street. But what about those who are retired or preparing for retirement? Have a money question? Email me here. Please leave us a rating or review in Apple Podcasts. "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

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Jill on Money Coronavirus Market Update. It is Sunday,

0:08.8

33 p.m. on the East Coast on Sunday. We're dropping this in your feed on Monday morning. I hope

0:15.9

you rested up. Over the weekend I was pretty busy and feeling all bad for myself until I learned that a colleague of mine from

0:24.4

CBS News died from the virus and that really did put everything in stark

0:31.0

perspective of course as soon as it hits as close to you as possible that's when you feel it you can read about it

0:37.2

Man it's something else I learned that one of my dear friends father is on a respirator, all these things are happening.

0:45.9

And so we're here to do the little bit that we can, which is try to help you through this period of time, this unknown, uncharted period of time, and

0:57.4

help you answer any financial questions you might have, any money questions.

1:02.2

So if you do have a question or maybe you'd like to

1:04.8

encourage some of your friends who are freaking out about money to listen to this

1:08.7

just send them this email. It's Ask Jill at Jill on Money.com.

1:13.7

Ask Jill at Jill on Money.

1:17.1

com.

1:18.1

Judd writes, the subject being sell house and buy another.

1:22.1

I need to relocate due to a job transferred.

1:25.4

Given today's circumstances, would it be best to sell my present home

1:29.4

A-SAP and rent for a while?

1:31.4

Assuming home prices will fall over the next few months or year, or better to sell

1:36.0

and buy ASEP with the low interest rates. Thank you. I am always the type of person who would rather rent for a while even if interest rates rise in the year from now.

1:49.0

I think it's good to figure out where you're going, get the lay of the land, who knows, I would rent for a while, I think that's

1:55.6

going to be far better, and unless you knew that you're going to a place where you really

2:01.2

thought you're going to be for a long time, I take my time. So sell and hang out,

...

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