Jill on Money with Jill Schlesinger

If the pandemic has acted as an accelerant to business trends, it has also become an accelerant to inequality. Last year, before the onset of coronavirus, the Census Bureau found income inequality was at its highest level in 50 years, with two-thirds of the total wealth in the country owned by the richest 5-percent. Meanwhile, 4 out of 10 American adults said they would have difficulty covering a...

If the pandemic has acted as an accelerant to business trends, it has also become an accelerant to inequality. Last year, before the onset of coronavirus, the Census Bureau found income inequality was at its highest level in 50 years, with two-thirds of the total wealth in the country owned by the richest 5-percent. Meanwhile, 4 out of 10 American adults said they would have difficulty covering a...

Is high turnover in a mutual fund a bad thing? You'd think the answer is an automatic yes, but it really depends on where that mutual fund is located. Is it in a a tax-deferred account or a taxable account? Have a money question? Email me here . Please leave us a rating or review in Apple Podcasts . "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com .

The pandemic is putting estate planning into focus. I joined CBS This Morning to explain why having a will, health care proxy and power of attorney documents are so important right now. Have a money question? Email me here . Please leave us a rating or review in Apple Podcasts . "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com .

If you're like countless others who decided to ditch the stocks and wait it out on the sidelines, how and when is the right time to get back in on the action? That, my friends, is the million dollar question. Have a money question? Email me here . Please leave us a rating or review in Apple Podcasts . "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com .

When it comes to taking your required minimum distribution for 2020, you have some options that you normally wouldn't have, which also means you have some decisions to make. Namely, should you take the RMD or skip it? Have a money question? Email me here . Please leave us a rating or review in Apple Podcasts . "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com .

You want to invest, yet you don't want to worry about your investments. Is a target date fund the right approach? Easily one of the most common questions we get! Have a money question? Email me here . Please leave us a rating or review in Apple Podcasts . "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com .

What’s a portfolio without a bond position? It’s incomplete and potentially riskier than necessary. We field so many questions about your portfolios and asset allocation and while stocks may seem sexier because of their upside potential, you always hear me stress that everyone needs exposure to bonds as well. We rarely dive into bonds in great detail, what they are, how they work, and why you abso...

What’s a portfolio without a bond position? It’s incomplete and potentially riskier than necessary. We field so many questions about your portfolios and asset allocation and while stocks may seem sexier because of their upside potential, you always hear me stress that everyone needs exposure to bonds as well. We rarely dive into bonds in great detail, what they are, how they work, and why you abso...

Knowing how much you need to live on is a big help when it comes to planning for retirement, because knowing that number basically tells you how much you need to have saved in order to make it. Have a money question? Email me here . Please leave us a rating or review in Apple Podcasts . "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com .

It's easy to take things for granted in life when all is going well. You've got your health, you've got a job, a few bucks in the bank, etc. Then you get an email from a listener who just had his life turned upside down after losing his spouse. It puts things into perspective in a hurry. Have a money question? Email me here . Please leave us a rating or review in Apple Podcasts . "Jill on Money" t...

You've got a bunch of cash sitting in the bank basically earning zero, and you also have a car loan at three percent, so does it make sense to use that cash to pay down the car? Have a money question? Email me here . Please leave us a rating or review in Apple Podcasts . "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com .

Good news, your workplace retirement plan offers both a traditional pre-tax and a Roth option. You're hearing conflicting things about which one to use, so what do you do? You email the Jill on Money show! Have a money question? Email me here . Please leave us a rating or review in Apple Podcasts . "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com .

What you're paying in fees, especially when it comes to your advisor, should never be a confusing issue. And if is, it may be time to run for the hills. Have a money question? Email me here . Please leave us a rating or review in Apple Podcasts . "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com .

The labor force has been decimated over the last several weeks, and perhaps no group has been impacted more than the older works. According to an analysis from the Economic Policy Institute, older workers are less likely than younger ones to have jobs that can be done remotely. Almost 8 in 10 workers over 65 can’t telecommute, compared with about 6 in 10 between 35 to 44, the analysis found. At th...

The labor force has been decimated over the last several weeks, and perhaps no group has been impacted more than the older works. According to an analysis from the Economic Policy Institute, older workers are less likely than younger ones to have jobs that can be done remotely. Almost 8 in 10 workers over 65 can’t telecommute, compared with about 6 in 10 between 35 to 44, the analysis found. At th...

Should you keep using the condo as rental property or is it better to start living in it so that when you sell it in a few years you'll avoid being taxed on the capital gains? Have a money question? Email me here . Please leave us a rating or review in Apple Podcasts . "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com .

Estate planning is a must when it comes to your personal finance "to-do" list. Does that mean you have to shell out the big bucks for an estate attorney? Or is an online version okay? Have a money question? Email me here . Please leave us a rating or review in Apple Podcasts . "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com .

Happy Tax Day! Never thought I'd be typing that in July :) Hopefully you already filed, and if you did, I hope you did it electronically, because if you didn't, and you're expecting a refund, chances are you're still waiting for your money. Have a money question? Email me here . Please leave us a rating or review in Apple Podcasts . "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.c...

Despite what's going on in the markets, let's not lose sight of the fact that a lot of people are still struggling and find themselves having to make some very tough decisions. Have a money question? Email me here . Please leave us a rating or review in Apple Podcasts . "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com .

Welp, coming off a weekend in which we discussed all things related to the mortgage market, how do we begin the week? Yep, with a question about whether or not it makes sense to refinance. Have a money question? Email me here . Please leave us a rating or review in Apple Podcasts . "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com .

When it comes to finding a mortgage for a new home purchase or a refinance, there’s more to consider than simply getting a low interest rate. That's why we're bringing on Mike Raimi , Managing Director at Luxury Mortgage Corp . Mike covers all the usual topics, such as a 15 or 30 year mortgage, who should (and should not) be looking to refinance, and how the real estate market has changed, if at a...

When it comes to finding a mortgage for a new home purchase or a refinance, there’s more to consider than simply getting a low interest rate. That's why we're bringing on Mike Raimi , Managing Director at Luxury Mortgage Corp . Mike covers all the usual topics, such as a 15 or 30 year mortgage, who should (and should not) be looking to refinance, and how the real estate market has changed, if at a...

Being self-employed comes with many options, including which retirement plan to set up. Some of the plans are pretty incredible and allow you to sock away a ton of money on an annual basis. Have a money question? Email me here . Please leave us a rating or review in Apple Podcasts . "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com .

Should we keep or cash out a life insurance policy in order to reduce our overall stock market exposure? Tis the question! Good plan or bad? Have a money question? Email me here . Please leave us a rating or review in Apple Podcasts . "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com .