retirement plan

CBS This Morning: What Action to Take Amid the Sell-Off

Stock market investors have been enjoying the longest bull market in Wall Street history, but the bulls stumbled badly earlier in the week, before making a slight comeback Friday. All three of the major indexes posted losses of up to four percent for the week, the worst five-day run in six months. I joined CBS This Morning: Saturday to discuss what investors should do next.

Have a money question? Email me here.

CBS This Morning: What's Behind the Market Sell-Off?

The markets are coming off the biggest two days of losses since February. The Dow Jones Industrial Average lost nearly 546 points Thursday, a 2.1 percent drop, on top of an 831-point plunge on Wednesday. The S&P 500 was also down 2.1 percent. I joined CBS This Morning to discuss what's behind the sell-off.

Have a money question? Email me here.

Retirement Accounts and Insurance 101 with Policygenius

You’ve saved for years and years as you prepared for retirement. Now that the day is finally here, which retirement accounts should you access first? That’s the question facing Tim from New York as we kickoff the latest show.

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I love people and organizations who take complex financial issues and make them easier for the user.

Few things are more complex than the insurance industry. And few organizations have managed to make it easy for the user to navigate the insurance landscape.

One such organization is Policygenius, a website that offers users an easy way to compare and buy various products such as life, auto, disability, and homeowners policies.

Today we’re lucky enough to be joined by Jennifer Fitzgerald, the founder and CEO of Policygenius.

For Fitzgerald, the business started with a simple question…”Why is buying insurance such a frustrating experience?”

As consultants to the top insurance companies, Fitzgerald and her partner suspected that this consumer problem was behind a lot of things they observed. It’s why life insurance ownership is at a 50-year low. It’s why health and disability under-insurance is behind most personal bankruptcies and home foreclosures. And it’s why they started Policygenius.

Their mission is simple: “To get people the insurance coverage they need and make them feel good about it.”

That means they thoughtfully built their business for every type of insurance consumer who may come their way:

  • Detail-oriented? They building the best insurance content library out there

  • More of a big picture person? Their Insurance Checkup is the best (and only) big picture tool around

  • Convenience shopper? They’re building a one-stop shop. If you need life insurance and pet insurance, you shouldn’t have to go to a bunch of different sites.

  • Skeptic? They’re an independent site and not affiliated with any insurers. They’ll provide you with choice and the information you need to make the right decision.

It’s a rare treat to be joined by somebody who is truly excited about the insurance industry!

Have a money question? Email me here.

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"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

Becoming the Ultimate Sales Machine with Ryan Serhant

I love real estate, and I know I’m not alone because we’re constantly getting questions from you guys about mortgages, the housing market, interest rates, etc.

Maybe some of you like real estate so much that you’re fans of the Bravo television show, Million Dollar Listing New York.

Today we’re joined by Ryan Serhant, one of three real estate agents featured on the hit show, who’s out with his first book, Sell It Like Serhant: How to Sell More, Earn More, and Become the Ultimate Sales Machine.

Think of it as a lively and practical guide to sell anything and up your business game from one of the top realtors in the world.

Serhant was a shy, jobless hand model when he entered the real estate business in 2008, just as the financial crisis was kicking off. Just nine years later, he has emerged as one of the top realtors in the world and an authority on the art of selling.

In this book Serhant shares the secrets behind how to close more deals than anyone else, expand your business, and keep clients coming back to you, including:

  • The Seven Stages of Selling

  • Getting FKD: How to Be a Time Manager, Not a Time Stealer.

  • Negotiating Like A BOSS

  • "The One Who...": Everyone Needs a Hook

  • Pulling the Indecisive Client Forward

Serhant provides useful lessons, lively stories, and examples that illustrate how anyone can employ his principles to increase profits and achieve success.

Whatever your business or expertise, Sell It Like Serhant will help transform you into a master at sales.

Ready, set, GO!

“Better Off” is sponsored by Betterment.

Have a money question? Email us here or call 855-411-JILL.

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Oct Stock Sell Off: What to do NOW

Oct Stock Sell Off: What to do NOW

Stocks dropped by about four percent on the week and the proximate cause was the strength of the economy. In the bizarro world of investing, here’s how the reasoning goes: When the economy is expanding, the Federal Reserve has to increase short-term interest rates to ensure that inflation does not eat away at growth. That part has been built into most analyst assumptions, but only recently have we seen yields on 2, 5 and 10-year government notes start to climb. During the week, the 2-year spiked to the highest level in a decade and the 10-yr hit its top level in seven years.

Retirement Plan Checkup

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It's one thing to have a retirement plan in place, but once it's established, you need to tweak and modify it as the years go by, hence the need for regular financial checkups. That's the case today with Jeff who first called me five years ago.

“Better Off” is sponsored by Betterment.

Have a money question? Email us here or call 855-411-JILL.

We love feedback so please subscribe and leave us a rating or review in Apple Podcasts!

Connect with me at these places for all my content:

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Jobless Rate Falls to Lowest Since 1969

Jobless Rate Falls to Lowest Since 1969

The last time the U.S. unemployment rate was this low, Peter, Paul and Mary’s “Leaving on a Jet Plane” was the number one song, “Hello Dolly” was the big holiday movie hit and war continued to rage in Vietnam. In December 1969, the unemployment rate was 3.7 percent and not until this September, has it been as low since.

Annuities, Retirement Plan + The Work-Life Balance with Ben Feder

This week we’re just answering email questions. The year is quickly slipping away and the inbox is still severely backed up, so it’s time to get cracking!

Questions included my favorite topic of annuities, retirement planning, reducing taxes, mortgages and more!

Have a money question? Email me here.

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Many of us recently wrapped up our summer vacations. I was able to take a nice two week break. I was hoping for three but wasn’t able to pull it off.

Our guest today, Ben Feder, encountered no such obstacle when he decided to take six months off. Yes, six months! Okay, that’s not quite a vacation, it’s more of a sabbatical.

And as he outlines in his recent book, Take Off Your Shoes: One Man's Journey from the Boardroom to Bali and Back, it was the classic struggle of achieving that highly sought after work-life balance that led to Feder calling a timeout on his professional life.

Described as the The Eat, Pray, Love for busy executives, Take Off Your Shoes invites the reader to join a journey of self-rediscovery.

A hard-charging CEO of a large enterprise, Feder discovers that he is losing the very things that sustained him over his years of business success. Unsettled by his insight and determined to rebuild family relationships and rejuvenate his sense of purpose, he risks his career on a life-altering physical and emotional journey.

Together with his wife and children, Feder sets off for an exotic island on a self-prescribed sabbatical year. That experience transforms them all.

The writing is honest and moving, baring the author’s innermost struggles and fears, and enticing the reader to share his quest. As Feder navigates the thrills and pitfalls of his time away, he draws us into the examinations of values and priorities we all encounter in adult life.

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Wisdom at Work with Chip Conley


When I first walked through the doors of CBS News several years ago, one thing was immediately clear: it’s an interesting mix of the old school and the new school. On one hand you have countless employees who have been in the building for 30 plus years. On the other hand, you have fresh college graduates looking to make it in journalism.

And yet somehow we all come together and make it work. One big team with a crazy assortment of players.

And according to our latest guest, Chip Conley, it’s these well balanced and diverse teams that hold the keys to success. Hence his latest book, Wisdom at Work: The Making of a Modern Elder.

At age 52, after selling the company he founded and ran as CEO for 24 years, Conley was looking at an open horizon in midlife. Then he received a call from the young founders of Airbnb, asking him to help grow their disruptive start-up into a global hospitality giant.

He had the industry experience, but Conley was lacking in the digital fluency of his 20-something colleagues. He didn't write code, or have an Uber or Lyft app on his phone, was twice the age of the average Airbnb employee, and would be reporting to a CEO young enough to be his son.

Conley quickly discovered that while he'd been hired as a teacher and mentor, he was also in many ways a student and intern. What emerged is the secret to thriving as a mid-life worker: learning to marry wisdom and experience with curiosity, a beginner's mind, and a willingness to evolve, all hallmarks of the "Modern Elder."

In a world that places emphasis on the new, bright, and shiny, many of us are left feeling invisible, undervalued, and threatened by the "digital natives" nipping at our heels. But Conley argues that experience is on the brink of a comeback.

At a time when power is shifting younger, companies are finally waking up to the value of the humility, emotional intelligence, and wisdom that come with age. And while digital skills might have only the shelf life of the latest fad or gadget, the human skills that mid-career workers possess - like good judgment, specialized knowledge, and the ability to collaborate and coach - never expire.

“Better Off” is sponsored by Betterment.

Have a money question? Email us here or call 855-411-JILL.

We love feedback so please subscribe and leave us a rating or review in Apple Podcasts!

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