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Jill on Money with Jill Schlesinger

Should I Use TSP to Payoff Mortgage?

Jill on Money with Jill Schlesinger

Audacy

Self-improvement, Business, Investing, Education

4.61.8K Ratings

🗓️ 2 May 2025

⏱️ 14 minutes

🧾️ Download transcript

Summary

I'm 70 years old and I want to payoff my mortgage ASAP. Should I use my TSP to pay it off? Have a money question? Email us ⁠here⁠ Subscribe to ⁠Jill on Money LIVE⁠ YouTube: ⁠@jillonmoney⁠ Instagram: ⁠@jillonmoney⁠ Twitter: ⁠@jillonmoney⁠ "Jill on Money" theme music is by Joel Goodman, ⁠www.joelgoodman.com⁠. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

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0:00.0

Welcome to the Jill on Money Show. It's Friday, May 2nd, and we are here answering your

0:09.0

financial questions. If you've got one, just go to our website, conveniently called, just like the

0:16.1

name of the show, Jill on Money. Jill on Money, incredible, right? It's just like that.

0:22.3

Now, what's really cool about the website and the way that it was designed is that there's a

0:26.9

contact us button.

0:28.0

It's in the upper right hand corner.

0:29.6

When you click on that, you can ask us a question.

0:32.9

And, you know, we'll get the question.

0:34.5

We'll do email episodes.

0:35.5

We're going to do an email episode today.

0:37.3

And then, of course, you are able to also check the box and you can join us live.

0:44.0

On the website, we also have webinars. And it is called Jill on Money Live. This is such a great deal. For 45 bucks, for a whole year, you get access to upcoming and

0:58.2

prior webinars. Thursday, June 5th, this is quite timely, my friends. We have Mike Quincy,

1:05.8

the car expert from Consumer Reports, joining us. Boy, is the car market in crazy disarray. We are going to get a

1:14.5

live update with Mike about what is going on in the car market. Should you make the big leap?

1:23.1

Should you buy a car right now before things change? Should you wait? Should you drive your car into the

1:29.1

ground? What are you giving up? Should you buy the car off lease? All these are questions that

1:34.7

Mike is going to actually answer. He's wonderful. He loves cars. He hates me and Mark because

1:40.1

Mark and I both have this aversion to actually dealing with cars, which is why we both

1:45.8

have very old cars. But Mark, I have been considering this myself and I keep coming back to

1:50.8

and keep what I have. I just hope everything goes okay. Because if not, I'm going to screw myself,

1:54.8

right? We've got a 10-year-old car and, you know, I have to figure out, should I look through

...

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