HerMoney with Jean Chatzky

Mailbag: I’m in $13,000 worth of debt, should I pause my retirement savings to pay it off?


Listen Later

Today we are bringing you a mailbag with listener Amy. She’s in her early 40s and she is wondering if she should hit the brakes when it comes to saving for retirement because of the other things on her plate. She's working on paying down credit card debt and she wants to be able to afford to move into a nicer home. 

So, what's the order of operations here? We’ll dive into some timely advice for her.

Chapters:

00:00 Introduction to Financial Priorities

02:57 Understanding Current Financial Situation

06:00 Exploring Debt Management Strategies

09:07 Retirement Contributions and Future Planning

12:12 Real Estate Considerations and Options


Have a personal finance question for us or want to jump on a call with Jean so you can get all of your follow-up questions answered? Write in at [email protected].

Learn more about our Finance Fixx program here. Use code PODCAST for a $100 discount. 


Thank you to Gainbridge® for supporting the HerMoney podcast. Gainbridge® created ParityFlex™, a multi-year guaranteed annuity, to offer women security and flexibility at a time when they need it the most—retirement. Learn more about ParityFlex™ here.

The HerMoney with Jean Chatzky podcast is sponsored by Edelman Financial Engines. The podcast team and its host are neither employees nor clients of EFE, however, the show does receive fixed compensation and is a paid endorser and therefore has an incentive to endorse EFE and its planners. To learn more about the sponsorship, please visit PlanEFE.com/HerMoney.

Please contact [email protected] if you would like to advertise on our podcast, and to learn more about Airwave, head to www.airwavemedia.com.

Learn more about your ad choices. Visit megaphone.fm/adchoices

...more
View all episodesView all episodes
Download on the App Store

HerMoney with Jean ChatzkyBy Jean Chatzky Her Money

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

1,405 ratings


More shows like HerMoney with Jean Chatzky

View all
Afford Anything by Paula Pant | Cumulus Podcast Network

Afford Anything

3,552 Listeners

Money Girl by QuickAndDirtyTips.com

Money Girl

1,851 Listeners

The Stacking Benjamins Show by StackingBenjamins.com | Cumulus Podcast Network

The Stacking Benjamins Show

1,991 Listeners

Jill on Money with Jill Schlesinger by Audacy

Jill on Money with Jill Schlesinger

1,941 Listeners

So Money with Farnoosh Torabi by Farnoosh Torabi

So Money with Farnoosh Torabi

1,948 Listeners

Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Your Money, Your Wealth

809 Listeners

Retirement Answer Man by Roger Whitney, CFP®, CIMA®, RMA, CPWA®

Retirement Answer Man

1,314 Listeners

Retirement Starts Today by Benjamin Brandt CFP®, RICP®

Retirement Starts Today

522 Listeners

ChooseFI by ChooseFI

ChooseFI

5,151 Listeners

Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

Stay Wealthy Retirement Podcast

671 Listeners

Suze Orman's Women & Money (And Everyone Smart Enough To Listen) by Suze Orman Media

Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

332 Listeners

Earn & Invest by Jordan Grumet (Doc G)

Earn & Invest

437 Listeners

Ready For Retirement by James Conole, CFP®

Ready For Retirement

811 Listeners

MoneyWatch with Jill Schlesinger by CBS News

MoneyWatch with Jill Schlesinger

426 Listeners

Catching Up to FI by Bill Yount & Jackie Cummings Koski

Catching Up to FI

346 Listeners