Option to Retire at 62
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 9 October 2023
⏱️ 14 minutes
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Summary
Am I on track to have the option to retire in three years at the age of 62?
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Transcript
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| 0:00.0 | Welcome to the Jill on Money Show. |
| 0:05.7 | It's Monday, October 9th, and we are here trying to help you make better financial decisions. |
| 0:12.0 | One way that we ask for a little help in this process is for you to go to our website |
| 0:17.8 | at JillOnMoney.com. |
| 0:20.1 | There you will see the contact us button, click it, complete the form, and poof. |
| 0:27.2 | Either we will read your email on the air, or perhaps you will join us live, which is a lot more fun. |
| 0:33.2 | While you're on the website, don't forget, sign up for the free weekly newsletter, check out the blog, check out the resources, |
| 0:39.2 | and if you've got some money to spare, why don't you consider buying my book, The Great Money Reset, |
| 0:45.2 | a great way to actually give you guardrails for making big changes in your life and sometimes small changes, |
| 0:52.2 | and also you can subscribe to the JillOnMoney Live Service. |
| 0:57.2 | That's where you have access to quarterly live webinars and lots more bonus content all for 35 bucks. |
| 1:03.2 | I'm going to try to keep these intros pretty tight because I'm not really in town this week, so here we go. |
| 1:09.2 | Let's talk to James from the Bay Area. |
| 1:12.2 | Thanks, Jill, for taking my call. This is a fantastic experience. I really appreciate it. |
| 1:17.2 | Well, I've got a bunch of questions that I have to do with, of course, retirement. |
| 1:21.2 | I'm in the process of turning a corner, so I thought I would check in with you. |
| 1:26.2 | The basic questions are basically, am I on track to have the option to retire at the age of 62? |
| 1:33.2 | That's not something that's set in stone, but I want to have the option. |
| 1:36.2 | I also, I'm a little concerned that I've got this tax liability time bomb that's going to, that's set to go off in retirement, like I think I do. |
| 1:44.2 | What can be done about it? Should I do some conversions, et cetera, et cetera? |
| 1:47.2 | We can get into the details a bit later. |
| 1:50.2 | And finally, where should I pull my money from to live from the age of 62 to 70? |
... |
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