fiduciary standard

Inherited IRA, Car Leases, Can I Retire?

On this quick bonus episode we're answering some emails about retirement planning, inherited IRAs, asset allocation and car leases.

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“Better Off” is sponsored by Betterment.

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

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Do I Need a Financial Planner?

Retirement is approaching, and so far you've done a great job of planning for it on your own. Do you need to hire a financial planner or can you keep going solo? That's what Michelle was wondering on the latest BONUS call.

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“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:

https://twitter.com/jillonmoney

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"Better Off" theme music is by Joel Goodman, www.joelgoodman.com.

Career Change, Second Home, Asset Allocation

Desperate times call for desperate measures...

Because our inbox is overflowing, we're going to start mixing in some bonus episodes until we clear out the emails.

On this episode we're discussing the pros and cons of switching to a job that pays less, whether or not a second home purchase makes sense, and how to properly allocate your assets when preparing for retirement.

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“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:

https://twitter.com/jillonmoney

https://www.facebook.com/JillonMoney

https://www.instagram.com/jillonmoney/

https://www.linkedin.com/in/jillonmoney/ 

http://www.stitcher.com/podcast/jill-... 

https://apple.co/2pmVi50

"Better Off" theme music is by Joel Goodman, www.joelgoodman.com.

Amazing Retirement Saver + Financial Regulation

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Amazing call this week from Leith in North Carolina to start the show. He will definitely be included in the top three callers of 2018. This guy has done an amazing job of planning for retirement. Anybody could see that. Yet he still has doubts. This was a fascinating call with a little bit of everything mixed in. 

As the Consumer Financial Protection Bureau (CFPB) is defanged and the Department of Labor rolls back rules that would require retirement professionals to put the best interests or customers first, it’s easy to feel like nobody has our backs.

The good news is that individual states are coming to the rescue when it comes to financial regulation and protecting consumers. In my hour two conversation with Maria Vullo, the Superintendent of Financial Services for the State of New York (DFS), you will learn how Vullo and her department attempt to regulate a wide swath of industries.

DFS has a lofty mission: “To reform the regulation of financial services in New York to keep pace with the rapid and dynamic evolution of these industries, to guard against financial crises and to protect consumers and markets from fraud.” Here’s what Vullo and her team are attempting to do on a daily basis:

  • Eliminate financial fraud, other criminal abuse and unethical conduct in the industry
  • Educate and protect users of financial products and services and ensure that users are provided with timely and understandable information to make responsible decisions about financial products and services
  • Ensure the continued solvency, safety, soundness and prudent conduct of the providers of financial products and services
  • Protect users of financial products and services from financially impaired or insolvent providers of such services
  • Encourage high standards of honesty, transparency, fair business practices and public responsibility

Over the course of her distinguished career, Vullo’s specific legal experience has included litigations and investigations involving the financial services sectors and fraud, real estate, health care, insurance, tax, consumer protection, bankruptcy, antitrust, and constitutional law. She has argued before the U.S. Supreme Court, the U.S. Courts of Appeals for the Second, Ninth, and Tenth Circuits, and the New York State Appellate Division.

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

Connect with me at these places for all my content:

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

Post-Tax Retirement Savings

If it's offered, should you be making post-tax contributions to your retirement plan? As you'll hear on the latest BONUS call with Chelsea from North Carolina, it kinda depends on your situation.

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“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:

https://twitter.com/jillonmoney

https://www.facebook.com/JillonMoney

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https://www.linkedin.com/in/jillonmoney/ 

http://www.stitcher.com/podcast/jill-... 

https://apple.co/2pmVi50

"Better Off" theme music is by Joel Goodman, www.joelgoodman.com.

BONUS call: Is Our Advisor Screwing Us?

Okay, so here's the scenario...you're pretty certain your mom is getting screwed by her advisor...yet she doesn't want to hear your concerns. What do you do? How do you have the talk? Can she be convinced? That's the dilemma facing Diane from Indiana on the latest BONUS call.

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“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:

https://twitter.com/jillonmoney

https://www.facebook.com/JillonMoney

https://www.instagram.com/jillonmoney/

https://www.linkedin.com/in/jillonmoney/ 

http://www.stitcher.com/podcast/jill-... 

https://apple.co/2pmVi50

"Better Off" theme music is by Joel Goodman, www.joelgoodman.com.

Fiduciary Under Fire

Fiduciary Under Fire

Shame Definition, according to Merriam-Webster:

  1. a :  a painful emotion caused by consciousness of guilt, shortcoming, or impropriety b :  the susceptibility to such emotion <have you no shame?>
  2. 2:  a condition of humiliating disgrace or disrepute :  ignominy <the shame of being arrested>
  3. 3a :  something that brings censure or reproach; also :  something to be regretted :  pity <it's a shame you can't go>b :  a cause of feeling shame