Jonquilyn Hill
Appearances
Today, Explained
Retire? In this economy?!
How would you like to listen to Explain It To Me without any ads? Vox members now get ad-free podcasts. Members get all kinds of cool benefits as a thank you for supporting our work. Stuff like unlimited reading on our website and exclusive newsletters. Go to vox.com slash members right now to sign up.
Today, Explained
Retire? In this economy?!
So depending on a lot of different factors, some of us may be in the workforce longer than we anticipated, or we may have to go back on the job market after we've left it. How can generations work together in the workplace? Stay tuned.
Today, Explained
Retire? In this economy?!
Okay, so we heard from a lot of you about your concerns around 401ks, but we also got a call from Marsha in Oklahoma who had another kind of concern about her generation.
Today, Explained
Retire? In this economy?!
Our producer Gabrielle called Marsha back to hear more about her new job working for the city of Tulsa.
Today, Explained
Retire? In this economy?!
We posed Marsha's question to Professor Bobby Duffy. He lives across the pond where he studies generational differences at the Policy Institute at King's College London.
Today, Explained
Retire? In this economy?!
What are some of the big questions you have about retirement right now?
Today, Explained
Retire? In this economy?!
You studied how much these stereotypes hold up in reality. What data were you collecting and where from?
Today, Explained
Retire? In this economy?!
Did you find that these generational stereotypes hold up to reality?
Today, Explained
Retire? In this economy?!
I just worked eight hours and you expect me to go make dinner right now?
Today, Explained
Retire? In this economy?!
Are there benefits you've found to intergenerational workplaces?
Today, Explained
Retire? In this economy?!
Do you have any practical tips for baby boomers who are navigating intergenerational workplaces? And especially for those who maybe were like stopped working, now they're back or, you know, it's like, OK, I'm going to have to work a little longer. I'm going to be with people who are younger than me. How should they navigate that?
Today, Explained
Retire? In this economy?!
Oh, really? Yeah. We shared what we learned from Professor Bobby with Marsha.
Today, Explained
Retire? In this economy?!
This is Noah Shidelower, economy reporter at Business Insider. He has a particular focus on older Americans. I called him up because he's heard from more than 3,000 baby boomers.
Today, Explained
Retire? In this economy?!
I appreciate it. Thanks to everyone who called in to share your experiences for this episode. Coming up, we're doing an episode about personal style. Why it's so hard to figure out what to wear and what not to wear and where to even start when it comes to developing your style. Are you trying to find it? Or have you already figured it out? If you did, how'd you do it?
Today, Explained
Retire? In this economy?!
Give us a call and leave us a message. Our number is 1-800-618-8545. This episode was produced by Gabrielle Berbet and Carla Javier, who also runs our show. It was edited by our executive producer, Miranda Kennedy. Melissa Hirsch checked the facts. Andrea, Kristen's daughter, and Patrick Boyd mixed and engineered. And I'm John Fullen Hill. Talk to you soon. Bye.
Today, Explained
Retire? In this economy?!
What are you looking for to better understand how this economy is impacting older Americans?
Today, Explained
Retire? In this economy?!
For those that are panicking, are they panicking unnecessarily? Do they need to be this concerned?
Today, Explained
Retire? In this economy?!
Okay, so don't do anything you would regret. Easier said than done, though. So how can you prepare for the worst case scenario? I'm going to ask one of my favorite personal finance columnists after this break.
Today, Explained
Retire? In this economy?!
We're back. It's Explain It To Me. And I'm here now with Michelle Singletary, personal finance columnist with The Washington Post.
Today, Explained
Retire? In this economy?!
Hey, you're listening to Explain It To Me. I'm Jonquan Hill, and I know I'm not supposed to, but after hearing all of this news about the economy, its ups, its downs, I did the thing they tell us not to do. I looked at my 401k, and you guys, it was not cute. I started to worry. I even more so for my parents and other people their age.
Today, Explained
Retire? In this economy?!
Yeah, what do you fear that could happen? What's the worst-case scenario?
Today, Explained
Retire? In this economy?!
Okay, so I was particularly interested in this episode because my parents are boomers. And, you know, I tend to give that generation a lot of grief. But it does come from a place of love. You know, what advice do you have for listeners who are like me, where you want to be able to help the older people in your life, whether that's with advice or anything else?
Today, Explained
Retire? In this economy?!
How do you recommend that listeners start that conversation with the retirement age folks in their lives?
Today, Explained
Retire? In this economy?!
What should people prioritize when they look at their finances?
Today, Explained
Retire? In this economy?!
What advice do you have for people who are at retirement age but haven't been able to save as much? Is there anything they can do to play catch up?
Today, Explained
Retire? In this economy?!
They're so much closer to needing that money than I am right now.
Today, Explained
Retire? In this economy?!
Financial advice can admittedly be a little frustrating because I think we hear the same thing over and over again, you know, like sit tight, stay the course, don't make any rash decisions. What do you say to people who feel antsy right now who want a different answer than what they usually hear? Yeah.