Should I Move My Retirement Money?
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 2 June 2024
⏱️ 12 minutes
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Summary
With retirement still a ways off in the distance, is there any reason why I should be moving some of my assets?
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Transcript
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| 0:00.0 | Welcome to the Jill on Money Show. It's Sunday, June 2nd, and we are here talking about the issues that are on your mind. |
| 0:10.7 | And usually there are financial issues, but you know what? Sometimes real life is creeping in, and you know that many of the biggest decisions of your life, they do have some sort of financial impact. |
| 0:21.0 | If you feel like there's something that's percolating inside, maybe there's some |
| 0:25.5 | disagreement or conflict or maybe just a different way of looking at the world than a partner or |
| 0:30.9 | a parent or an adult child, us a holler go to Jill on |
| 0:34.4 | money.com and click the contact us button today we're talking to Steve from |
| 0:38.8 | Minnesota. I'm 59 years old about to be 60 contemplating in the next, you know, five to 10 years retiring. |
| 0:47.0 | And, you know, so I've got some people asking me to do certain things with my money or proposing to do certain things with my money that I'm unsure of. |
| 0:56.1 | Okay so tell us a little bit more are you married or single? |
| 1:00.3 | Married two adult children. How old are the adult children 22 and 20 are they on their own I mean |
| 1:07.4 | 20 is young are they still in college or what yeah still one is still in college and one is at home and finding her way. |
| 1:15.8 | Oh brother. So you got a lot of mouths to feed still. |
| 1:19.2 | Does your spouse work? Yes, she does. |
| 1:23.0 | She's a counselor. |
| 1:23.9 | She owns her own clinic and does mental health counseling. |
| 1:28.5 | And how old is she? |
| 1:30.1 | 54. |
| 1:31.8 | Okay. |
| 1:33.0 | Tell me about how much you guys make together. |
| 1:35.0 | What do you earn? |
| 1:37.0 | I earn probably 1.50 on good years and a little less than that on you know the bad years. |
| 1:44.8 | Okay and what about her she's self-employed so how does she manage that does she draw a salary |
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