Withdrawal Strategy in Retirement
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 3 February 2023
⏱️ 18 minutes
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Summary
We've been very good savers over the years, but given the age difference between me and my husband, how should we approach our withdrawal strategy in retirement?
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Transcript
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| 0:00.0 | Welcome to the Jill on Money Show. |
| 0:05.5 | It's Friday, February 3rd. |
| 0:07.6 | Hey, Mark, it's exciting. |
| 0:09.4 | It's the first jobs report of the year. |
| 0:12.7 | Yeah, it's exciting. |
| 0:13.7 | I mean, not the first one. |
| 0:15.2 | It's the first month that we have data. |
| 0:17.4 | So the January jobs report will come out at 8.30 Eastern time. And here's what's expected. |
| 0:24.7 | We are going to see continued deceleration of job growth, which is a fancy way of saying we're not |
| 0:30.2 | creating as many jobs. I think the number is probably going to be somewhere around 150 to |
| 0:35.2 | 175,000 new jobs created. |
| 0:38.2 | The unemployment rate is going to stick around this range 3.5, 3.6. |
| 0:42.6 | Maybe it'll go to 3.7. |
| 0:43.9 | It's been in such a narrow range for so long mark. |
| 0:46.6 | It's hard to, I don't know, like how we've got to get more people back in that labor force. |
| 0:51.4 | So that's coming out today. |
| 0:53.7 | And if there's something really weird with it, |
| 0:56.2 | I will come back on the air tomorrow morning. I'll give you a little synopsis of what I think is |
| 1:00.6 | important. But, you know, generally speaking, we know growth is slowing down in the United States. |
| 1:06.4 | We saw it throughout the year last year in terms of job growth, but we also saw in December a real |
| 1:12.7 | pullback on spending by consumers. And I think that's continuing this year. So Mark, you remember |
| 1:18.5 | way back when you said, I think we're going to be able to do a soft landing? Yeah, I'm still hopeful. |
... |
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