On Track as We Approach Retirement?
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 29 August 2025
⏱️ 13 minutes
🧾️ Download transcript
Summary
As we approach retirement age, are the finances where they should be at this stage of our lives?
Have a money question? Email us here
"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to the Jill on Money Show. It's Friday, August 29th, the last Friday of the month. Wow, we got here, gang. I hope you've had a great August. I hope you've been able to take some time off and recharge your batteries. Maybe while you were walking around and hiking or on the beach or in the mountains or at a lake, you were thinking |
| 0:22.0 | about something that's going on in your own financial life. And you thought, I wonder what I should |
| 0:27.1 | do about blank. You fill in the blank. If that's you, if somehow this August period was able to |
| 0:32.9 | free up some space in your brain to think about the things that matter, then get in touch with us. |
| 0:38.2 | All you need to do is go to jillonmoney.com. That's our website. And in the upper right hand |
| 0:42.8 | corner, click that contact us button, write us a note, and then tell us what's going on. |
| 0:48.1 | If you'd like to join us live, just check the box. Mark will arrange to get you on the air. |
| 0:52.6 | That is what he did with Peter, who joins us |
| 0:54.7 | from New Jersey. My wife and I would like to get both of your opinions on our financial affairs |
| 1:00.1 | as we approach retirement age. Okay. How will do you, Peter? I will be 64 in October. Okay. My wife |
| 1:08.0 | will be 61 right now. She'll be 62 in March. She considers retiring at 65. I have no plans. |
| 1:15.8 | Are you both working for companies? Are you self-employed? Do you work together? What's your story? |
| 1:20.7 | I work for a company and my wife is self-employee. She's a 1099 independent contractor. |
| 1:26.1 | Okay. And how much does she make? |
| 1:28.8 | $125,000. |
| 1:30.5 | Great. |
| 1:31.2 | Awesome. |
| 1:31.8 | Does she make retirement contributions into her own retirement plan on that money? |
| 1:36.1 | Yes, Jill. |
| 1:36.7 | She does have a step and she contributes approximately $5,200 annually. |
| 1:41.6 | And how much do you earn, Peter? |
| 1:43.3 | 185,000. That's great. Okay. And from that income, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Audacy, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Audacy and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.