Welcome to the Jill on Money podcast. It is Thursday, June 10th. And we are here to try

to answer your financial questions. Try to walk you through the dim forest of what could

be your fears, your anxieties about your money. Maybe you don't feel that at all. Maybe

you're just happy and you want to another set of eyes or two sets of eyes on your financial

plans. If you have a question, just send us an email. Ask Jill at JillonMoney.com. Ask Jill

at JillOnMoney.com. Okay, Nancy is 65 years old. And she says she's trying to ease into retirement.

She said, I went on social security beginning of this year, mostly due to increased family

responsibilities that occurred after the pandemic or amid the pandemic. She said, I cut my

hours down to 15 hours per week in order to stay under the annual cap. So that's a cap

that has to do with claiming social security benefits before your full retirement age,

the cap is lifted once you do get to the full retirement age. So she says it's next year,

starting in 2022, I will be able to work as much as I want without the cap. Her expenses

are less than $1,500 a month. I had no retirement and five grand in savings, half cash, half

stocks, mutual funds and exchange traded funds. I plan on continuing to work indefinitely

until I can't stand it anymore. They were recently bought out by a large national corporation

as such. The new corporation is allowing us to get into their 401k. They match 50 cents

for each dollar we contribute up to 6%. I'm thinking it's not advisable to leave money

on the table, but I've calculated my expenses carefully. I live frugally. I don't have a lot

of wiggle room until next year. I also have debt, a car loan at 2%, despite the debt I am an

avid saver. Should I sign up for the new 401k? First of all, I don't think even of money in general,

five grand in savings. I wouldn't have any money in stocks, mutual funds or exchange traded funds,

unless you've left a zero out for some reason. You have $5,000 in savings, half in cash,

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