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Jill on Money with Jill Schlesinger

On Track for Retirement at 55?

Jill on Money with Jill Schlesinger

Audacy

Business, Education, Investing, Self-improvement

4.61.9K Ratings

🗓️ 31 January 2025

⏱️ 18 minutes

🧾️ Download transcript

Summary

We're currently in our 40s, but I am trying to figure out if my wife and I are on track to be able to retire at 55?

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"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, January 31st, and we are here trying to help you make better or at least more considered financial decisions.

0:13.1

And this is the time of year where we do get a ton of input from you guys about, you know, changes you think you want to make.

0:20.3

It's sort of like still the

0:21.4

beginning of the year. It's taxis and all those things are happening. And we know that sometimes

0:26.2

during this period of time, you have very specific questions. So whether it's a question about

0:31.6

taxes or maybe it's a question about you've figured out that you have plenty of money and you need to know how you're going to manage it better, whether you need a financial planner or not, anything like that. Get in touch with us. Go to our website, jillonmoney.com. Click the contact us button, which is in the upper right hand corner. And of course, if you'd like to join us on the air live, check the box. Mark does everything else. While you're on the website, don't forget to sign it for the free weekly newsletter comes out every single Friday. All of a sudden, Mark, it went back into my spam file. So now I've got to start all over again. So if that happens to you, make sure that it's not in spam. All right. So let's go talk to listener, Ben.

1:10.9

He is on the line from Idaho.

1:13.2

All right, Ben, what's going on?

1:15.0

How can we help you out?

1:16.1

Thanks, Jill.

1:16.6

I appreciate you having me on.

1:18.3

Sure.

1:19.0

I'm 44 years old and, you know, I kind of want to be one of those, you know, financial

1:24.8

independence, possibly retire early, you know, and so been looking

1:29.5

at my numbers and just trying to figure out, you know, if I'm on the right track to, you know,

1:34.2

potentially be able to go part-time at potentially 50 and maybe even retire by 55 so I can

1:40.8

hopefully enjoy my early retirement years. Why?

1:44.5

Do you hate your job?

1:46.0

I like my job, but it's very physically demanding.

1:49.4

And I worry that my body may give out.

1:52.3

And I don't want that to happen.

1:53.8

So I don't want that to happen for you either.

...

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