Retirement Planning Tips on CBS This Morning
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 7 June 2019
⏱️ 4 minutes
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Summary
A new Bankrate survey says 76 percent of Americans have at least one financial regret. Among those people, more than half are disappointed with their savings. I joined CBS This Morning with some tips on how to save for retirement.
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Transcript
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| 0:00.0 | Welcome to the Jill on Money Podcast, A Little Friday Extra. Here's my I on |
| 0:08.0 | Money series from CBS this morning. We're looking at financial issues Americans are facing when it comes to retirement. |
| 0:17.0 | Every Tuesday our Eye on Money Series looks at financial issues Americans are facing this morning. A new bank rate survey says |
| 0:24.7 | 76% of Americans have at least one financial regret. Only one? Among those people, more than |
| 0:31.1 | half are disappointed with their savings. |
| 0:34.2 | CBS News Business analyst, Jill Schles Lesinger, is here with some tips on how to save for retirement. |
| 0:39.2 | Jill, good morning. |
| 0:40.2 | There's also a Federal Reserve survey that shows alarmingly that a quarter of Americans |
| 0:45.5 | have no retirement savings. |
| 0:47.1 | Yeah, and it's really interesting because with all these surveys that we have an annual report |
| 0:52.4 | that comes out from a body that looks at this |
| 0:54.8 | huge amount of Americans and say how do you feel about retirement? Are you confident? |
| 0:59.0 | And according to the survey results about two-thirds of Americans say I am totally |
| 1:04.5 | confident and 82% say yeah I'm feeling good about this and you put that into |
| 1:10.0 | the lens of the savings amount we also find out that only 42% of Americans have actually |
| 1:16.3 | run their own retirement numbers. |
| 1:18.5 | So they feel confident. |
| 1:19.7 | I'm not exactly sure why they feel so confident. |
| 1:22.2 | Just because... Because the economy's better |
| 1:24.3 | because jobs are more plentiful because they're getting wage increases but we really need people to focus |
| 1:28.6 | on this because you are going to be responsible for your own retirement years. A lot of people who now think you know I'm never going to be responsible for your own retirement. There are a lot of people who now think, you know, I'm never going to retire. |
| 1:35.0 | They're going to cart me out of the place. |
... |
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