How to Save for Retirement
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 28 May 2019
⏱️ 14 minutes
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Summary
I love getting calls from young listeners who are already thinking in terms of retirement. That's the case with Chris from Texas, who wanted to run his game plan by us. Is there anything that he and his wife should be doing differently as they invest for their future?
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Transcript
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| 0:00.0 | Welcome to the Jill On Money Call of the Week. |
| 0:06.7 | If you would like to get on the air with us, all you have to do |
| 0:09.7 | is send us an email. |
| 0:11.5 | Very easy. |
| 0:12.4 | Ask Jill at Jill on Money.com. That's Ask Jill at |
| 0:16.8 | Jill on Money. That is what Chris did. He is calling from Waco, Texas. |
| 0:22.3 | Hello Chris. Welcome to the program. |
| 0:25.2 | Well, a pleasure to be here, thank you. |
| 0:27.1 | What can I do for you? |
| 0:28.8 | Well, I kind of want a second set of eyes |
| 0:31.9 | or at least maybe some direction from somebody who |
| 0:34.1 | knows more than me which granted isn't saying much but I definitely lean heavily |
| 0:39.1 | on your expertise. |
| 0:41.1 | Sounds good so tell me what's going on for you? |
| 0:44.0 | So I'm 34 and my wife is 30 and I have two small children, so a four and a two year old. |
| 0:52.2 | And so we made the decision when our first was |
| 0:55.0 | born for her to stay home so for us my wife as a teacher and I work in IT and so we |
| 1:01.6 | had a good cash storage on hand at the time and so that was part of our |
| 1:06.6 | decision was like well I would love for you to stay home and you know not have to do |
| 1:10.0 | daycare and do that I'd love to use to there with them and she was on board with that. |
| 1:14.0 | And so we kind of have our cash reserves like a runway. I think of us with like a startup and this is our |
| 1:20.0 | runway until you know they're school school aged got it so and then your |
... |
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