**Join Farnoosh's SO MONEY MEMERS CLUB and be a founding member. Enrollment ends soon.**
Today: Imagine you arrive at retirement with no savings. Imagine living entirely off of your social security paycheck, which currently averages $1,900 a month. Guest Anne Tergesen is a reporter for The Wall Street Journal and offers insights from the article she co-wrote recently, "Here's What It's Like to Retire on Almost Nothing But Social Security." Hosted on Acast. See acast.com/privacy for more information.

1628: Retiring on Almost Nothing But Social Security

*** Named a Best Podcast By The New York Times, Time Magazine, Real Simple and MSNBC *** Host Farnoosh Torabi is an award-winning financial strategist, TV host and bestselling author. Her newest book is entitled A Healthy State of Panic. With over 30 million downloads, So Money is dedicated to sharing inspiring money strategies and stories straight from today's financial leaders, bestselling authors and entrepreneurs. One day, hear an intimate money conversation with industry greats like Queen Latifah, Barbara Corcoran or Margaret Cho. Another day learn the basics of cryptocurrency and its impact on our wallets. On Fridays, tune in as Farnoosh answers our most pressing financial questions about saving, investing and building wealth. Advice and insights always delivered through a lens of equity, inclusivity and the changing world we live in. Want more? Join the So Money Members Club at SoMoneyMembers.com. Hosted on Acast. See acast.com/privacy for more information.

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Join Farnoosh's private community to up-level your finances at SoMoneyMembers. Last day to join Book to Brand in NYC. This week's questions: Does it ever make sense to withdraw early from a 401k to pay down debt? What investing fees should we watch out for? Is my target date fund OK, or should I expand my investments? Hosted on Acast. See acast.com/privacy for more information.

1665: Ask Farnoosh: Withdraw Early From My 401k to Pay Off Debt?

The average worker believes they need over $1 million to retire comfortably. How can small business owners secure this lofty financial goal for themselves and their employees with less stress? Guest Jean Smart is the founder and CEO of Penelope, a fintech company that is disrupting retirement solutions for small and micro businesses. Penelope (named after her daughter) was inspired by her personal experiences, as Jean is the daughter of Korean immigrant business owners who were not prepared for their own retirement.

 
 Hosted on Acast. See acast.com/privacy for more information.

1664: Retirement Planning for Small and Micro Business Owners

Jannese Torres is an award-winning Latina money expert. She became an accidental entrepreneur after a job loss inspired her to turn her food blog into a six-figure business. Throughout the years, her passion for entrepreneurship led her to notice a gap in the conversation around money. Her debut book, Financially Lit, offers culturally relevant and relatable personal finance advice to make you feel seen, heard and understood. Whether it’s the guilt you feel from being the first person to “make it” while members of your family are still struggling or the way financial trauma manifests itself in negative and limiting beliefs around money, Torres is here to guide you through it all. Check out Jannese's first interview on So Money. Hosted on Acast. See acast.com/privacy for more information.

1663: First-Gen Finances and Overcoming Survivor’s Guilt with Jannese Torres

Registration for Farnoosh's investing workshop closes soon. Secure your spot here. This week: Helping a listener who's overwhelmed by credit card bills; Should a listener quit her job if she is the breadwinner? And should another listener take an early retirement package if they still need to make money? Hosted on Acast. See acast.com/privacy for more information.

1662: Ask Farnoosh: Major Credit Card Debt and Career Indecision (Should I Quit?)

So Money has officially won the 2024 Webby for BEST LIVE EPISODE RECORDING with comedian, actress and author Michelle Buteau. Relive the magic of that episode today, as Michelle shares her struggles and wins, rising through the world of show business and comedy. Learn about her investments, savings strategies and financial hopes for her two children. (This episode aired originally on August 21, 2023) Hosted on Acast. See acast.com/privacy for more information.

1628: Retiring on Almost Nothing But Social Security

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