25 Burst results for "Jill Slazenger"

"jill slazenger" Discussed on KIRO Radio 97.3 FM

KIRO Radio 97.3 FM

01:39 min | 1 year ago

"jill slazenger" Discussed on KIRO Radio 97.3 FM

"Is thrown off kilter school officials took turns at the podium while students video conferencing from home dressed in caps and gowns your forecast cloudy skies today with a few sunny breaks tonight will have scattered showers and afternoon highs will be in the mid to upper sixties right now it's sixty three degrees in downtown Seattle I Medicaid stream Cairo radio at home on your smart speakers Cairo radio aber Michael with west dot com Cairo radio your first source said no one understand coronavirus it's the weekend and that can only mean one thing your listening to Jill on money the show that takes the mystery out of your finances here's your host Jill Slazenger they're back it is our number two of the Jill on money show and we are broadcasting from the policy genius virtual studios Policygenius is the easy way to compare and buy insurance just good at policy genius dot com well we have been trying to comb through our archive and an interview that we had conducted a few years ago was with one of my favorite interviewees might probably like my top five guests of all time of all which is amazing right and we think it's especially relevant to these times the guest is Cathy o'neil Cassie had written.

Seattle Jill Slazenger Cassie Michael
"jill slazenger" Discussed on KIRO Radio 97.3 FM

KIRO Radio 97.3 FM

02:27 min | 1 year ago

"jill slazenger" Discussed on KIRO Radio 97.3 FM

"My money there Jill Slazenger can help you back to Jill on money your back it's Jill on money and if you've got a financial question we'd love to hear from you could be an investment question maybe it's an insurance question maybe it's in a state question I wrote a lot of recently about the state planning amid the pandemic got some really interesting emails from friends relatives one of whom made me laugh out loud like took a picture of the column sent it to me and said can you send me a free book I said it's going to cost you more than a picture of the column I know I already wrote but thanks anyway so no there's no free books right now ladies and gentleman there's no free lunch and there's no free books got it good all right if you've got a question though we'd love to hear from you that's free you can do it so easily descendant email ask Jill at Jill on money dot com okay now Kenny writes I love your podcast I discovered it a few weeks ago right Kenny I listen to you daily I'm grateful for what you do any rights you're awesome which is always a funny thing to say read about yourself but I I am very grateful when you send those notes because as mark knows a very thin skinned so I react when I get negative ones which mark never sends me but it is also how I've gotten off social media so that's good okay here is can these situations sixty six his wife the sixty five oh Happy Birthday to your wife I retired in February and was really forced to leave my work and my wife is also retired okay here's what they have in retirement savings I'm gonna round up the numbers I raised six hundred grand four hundred four oh one K. a hundred eighty grand they've got very able annuities Kenny's is about two hundred thirty five thousand and he's drawing sixteen thousand seven hundred fifty dollars annually so he had an annuity and variable annuity in a qualified account meaning it was a retirement account he is now annuitize the contract he's getting a check and he gets sixteen thousand seven hundred fifty Bucks for fourteen more years his wife also has an annuity twenty three thousand both of these are qualified so basically in money that hasn't been taxed yet a million Bucks their money in a brokerage account money into has a money market account and a checking account and that.

Jill Slazenger Kenny mark
"jill slazenger" Discussed on KIRO Radio 97.3 FM

KIRO Radio 97.3 FM

01:38 min | 1 year ago

"jill slazenger" Discussed on KIRO Radio 97.3 FM

"Your host Jill Slazenger well to Jill on money yes it's the last weekend in may all my god I don't know about you guys I can barely keep track the calendar day of the week it's all bleeding into the next but it is the end of may and maybe that's good news for you maybe not I can't tell you what I can tell you is this is a program that attempts to take the mystery out of your finances during this really difficult pandemic we are sending our good warm wishes to all of you and your families we hope you are enjoying good health and we hope that you're also being very careful I don't like these reports of people going a little nuts let's be conservative you all know that after listening to me for so long that I tend to be a conservative person by nature that's the same way I am about my health I'm not one of these people who when I'm not feeling well I just go to work I just don't go there's been a couple of times a thing for markets sent me home when I my my voice I where I felt okay but my voice sounded terrible so you know just use that kind of common sense you wouldn't want to be around somebody who's not feeling well and you don't wanna be around somebody who's not taking this seriously this is a serious matter and your money is also serious is not the everything your health is most important but your money is probably pretty close up there so we want to remind you we are broadcasting from the Capital One virtual studios Capital One what's in your wallet also a little bit of housekeeping.

Jill Slazenger
"jill slazenger" Discussed on WTOP

WTOP

05:17 min | 1 year ago

"jill slazenger" Discussed on WTOP

"Business analyst Jill Slazenger Jill I guess this is actually another week of declines since the pandemic started up flushes out forest does that mean that maybe we've hit the bottom it could mean that for sure and and not so much in the declining number of new claims but we also saw a very important metric in this report and that is the number of continuing claims that's just the number of people who are actually receiving unemployment benefits for the first time in ten weeks it actually went down so last the last report we are at twenty five million Americans who were receiving benefits this week it's down to twenty one million and economists believe that when you start to see that continuing claim number drop that's when you think you've probably bottomed out I should note of but unfortunately it's not all good news obviously these numbers are huge but there's also eight million Americans who have applied for aid under what's called the pandemic unemployment assistance program and that was for self employed and gig workers that number that eight million per understates it a lot so I got to tell you I think they were probably at fifty million Americans who have filed for some sort of unemployment benefits and to consider that we had a work force of about a hundred sixty five million what is staggering disaster this has been for the American worker sure has are we seeing any impact on the economy from businesses re opening yet is there perhaps a need for certain types of employees now that we didn't see as many before I'm well we are seeing some some little glimmers of hope I noticed that that security guards I think a lot of people are worried about you know what's happening in or around the country and that there's been someone Reso security guards are being hired senior care workers a lot of people just really freaked out don't want to be around the older at risk population we see a big tick up in online banking and mortgage servicers landscaping workers and you know in in your area down in the DC district defense contractors who are really hiring with great gusto have said that they are finding their a lot of really wonderful employees that maybe previously wouldn't be as interested in defense contracting they are picking up very good employees now that said they're just three new hires for every ten layoffs we've got a long way to go all right Jill great to have you as always thanks so much take care CBS business analyst Jill Slazenger adults in households with kids have been hit particularly hard by the pandemic suffering permanent loss of employment and worrying about being able to pay rents and mortgages the census bureau now says that in households with a child under eighteen fifty five percent have at least one adult lost employment income since the start of the pandemic in those adults were more likely to report sometimes not even having enough to eat these adults say they're less confident in their ability to pay rent or mortgages in June than adults who do not have children living with them still waiting that's what most Maryland businesses are doing for approval or payment relief through a one hundred twenty five million dollar state program the Baltimore sun reports Maryland officials say they've made progress in processing and paying out grants and loans to small businesses but the money continues to trickle down slowly so far sixteen hundred businesses have been issued grant checks totaling seventeen million dollars let's get a check on Wall Street numbers and see how things are going right now just play ball leave that was up one hundred two points the S. and P. five hundred index is up fifteen that's a half percent money news in ten minutes on double the GOP sports at fifteen and forty five brought to you by your local Honda dealer don't settle for less than a Honda to Dave Preston and sport baseball's players won more games with no more pay cuts the union is expected to counter the owner's proposal of eighty two games with slice salaries later this week the players looking for full pro rated salaries plus over one hundred games on the slate nationals pitcher Max Scherzer is on the players association's executive board of re tweeted his thoughts on the matter at WTOP and D. A. V. press still auto racing fans if you're upset you miss NASCAR's midweek race last night don't worry the all school uniforms five hundred was rained out and will be held this evening in Charlotte NFL while the progress of quarterback Dwayne Haskins will be a huge factor in determining new Redskins offensive coordinator Scott Turner's success fitting running back Adrian Peterson into the team's offense will be important as well I spent you know three years with them in Minnesota you know in two thousand fifteen led the league in rushing and I wasn't going to play is a quarterback coach but you know we whatever that I mean that's the offense as old as the office of that we're gonna run to extend it it always changes with your personnel with Adrian his skill set when he's rolling I mean you know he's gonna there's a role for for that type of for that type of back the scans finished twenty second in the league running the football last fall today in sports may twenty eighth nineteen forty one the Washington Senators played the first night game at Griffith stadium losing to the New York Yankees six five while Washington remained first in war and first in peace the senators for securely last in the.

Business analyst Jill Slazenger
Jobless claims total 2.4 million, still elevated levels but a declining pace from previous weeks

The Gee and Ursula Show

00:33 sec | 1 year ago

Jobless claims total 2.4 million, still elevated levels but a declining pace from previous weeks

"Nearly two and a half a million Americans are now out of work that's according to the latest unemployment report the labor departments I should say two and a half million new claims the Congressional Budget Office now project the unemployment rates will be at nine percent so by the end of twenty twenty one that is just one percentage point below where it was at the worst of the Great Recession CBS's business analyst Jill Slazenger the labor department says Washington added more than a hundred and forty five thousand jobless claims a thirty percent increase from the

Congressional Budget Office CBS Jill Slazenger Labor Department Washington Business Analyst
"jill slazenger" Discussed on KIRO Radio 97.3 FM

KIRO Radio 97.3 FM

01:51 min | 1 year ago

"jill slazenger" Discussed on KIRO Radio 97.3 FM

"Health care workers and anyone who's returning to work as part of phase one re opening who can get a test today any individual who thinks they have a cold with symptoms and now your weather we'll have a mix of sunshine and clouds today with highs in the mid sixties right now it's sixty four degrees in downtown Seattle I'm Miley Katie stream Cairo radio at home on your smart speakers Cairo radio at Michael with Wescott com hi role radio your first source said no one understands coronavirus do I invest here should I put my money there Jill Slazenger can help you back to Jill on money your back it's Jill on money and we are here to try to guide you through this cruel racy time so unsettling that's the other thing the good news is we know a lot more than we did two months ago when we were really starting to three months ago I guess I think I did my first segment about the virus I think actually did at the very end of January I'm and and we do know a lot more I was speaking to a friend of mine who is a doctor and he does specialize in infectious diseases and one thing that he gave you that that made me feel better is he said well here's the thing if you were to get the virus today we sure do know a lot more about how to treat it did we did three months ago two months ago even one month ago so I guess there is something in that still doesn't make me feel great but okay a little better if you've got a financial question should a city mail ask Jill Jill.

Seattle Michael Jill Slazenger Jill Jill Miley Katie Cairo
The future of travel after the coronavirus pandemic

WTOP 24 Hour News

02:10 min | 1 year ago

The future of travel after the coronavirus pandemic

"As more states open for business treasury secretary Steve Mnuchin is predicting the American economy will rebound in the second half of this year from unemployment rates that rival the Great Depression I asked CBS business analyst Jill Slazenger about that and her predictions for the economic outlook for the second half of the year I think that they have to likely get better and you know we just had such a severe and sudden downturn that really shut the entire economy down is starting in March but the think about it you know March April may June let's say those four months will we likely see things improve after that sure I don't think that that's in dispute I think there are two real critical questions one is if they do improve by how much and if they do improve how many more people are going to come off the unemployment rolls and be re employed and that is completely unknowable right now so the future sort of depends on how many of these furloughed and lay off employees how many of those jobs are actually permanent right and and you know if you think about it of course we understand that the sharp tip of this is the airline industry travel and hospitality and of course retail but I think that there are well what economists will call at second order effects knock on effects that their industries that serve those industries and certainly if you were say writing big insurance policies for restaurants you're not going to actually see that business continue and certainly if you are a mall operator on and you have a period of time where this many companies just kind of not just disappear but stopped paying rent and then ultimately there's a bit of a culling of the ranks then that's going to impact it impacted your business so we have millions of people out of work some of whom will be temporarily out of work but many of whom could see these turn into permanent layoffs that CBS business analyst Jill Slazenger

Steve Mnuchin Jill Slazenger CBS Business Analyst
"jill slazenger" Discussed on WTOP

WTOP

04:25 min | 1 year ago

"jill slazenger" Discussed on WTOP

"Long it'll take and how it's going to work I talked about that with CBS news business analyst Jill Slazenger and heard three teas for re opening the economy well the first is a way to explain the phase that we are just sort of concluding triage triage meaning that gosh the preliminary phase of the pandemic which was really required all of us to learn how to operate in new ways we're sheltering in residence for relying on technology solutions no playbook lot of errors made up clearly and now we are looking at parts of the country that are moving into the second phase I call this transition this is where you've got to watch out for your workers and for your customers and only critical workers will be physically in their facilities and it's gonna take a long time to get through the transition phase at least in certainly many of the hot spots and at the ultimate end of this which who knows when it'll be let's say it's a year let's say to eighteen months the transformation stage where companies will have to re imagine what it's going to be to operate in a post pandemic world maybe they'll be some lessons maybe some industries will be changed forever others may go back to business as unusual but I think that these are three stages that help frame how the economy is going to be looked at when we have a little more historic context you know couple years from now going back to the second phase transitioning which is where we are now businesses are dipping their toes in the water there in N. out there often down there trying to figure out what might work and what might not work this is gonna be different for every business in every community correct absolutely you know I was thinking about this I went to the little town I'm on Long Island right now when I went into town and I was talking with my mask six or maybe even twelve feet away from the butcher and one butcher shop up the guy says I never allowing people into my butcher shop until there is a vaccine he said this to me straight up and I said wow that's interesting is what my business is fine I can have people call in I can have people Yellin especially in the warmer months I'm not worried about it I'm not putting myself I'm not putting my workers and I'm not putting my family at risk that's one way to look at it right yeah and so he already knows what his final transformation stage is going to look like in the end but right of course that doesn't mean he won't change his mind down the road in the final transformation state absolutely I think transformation is really going to be fascinating in industries that were under pressure already right the butcher already knows how to help people get food out the door he's not used to having four hundred people in the store or in a restaurant for that matter but what does it mean to be a retailer in the post pandemic face who's going into a mall how are we going to see companies emerge we just know this morning J. crew filed for chapter eleven bankruptcy I interviewed a marketing expert who said the virus is not going to be an agent of change but it is going to be an accelerated trends that were already in place will happen faster now probably a lot of virtual businesses will continue to do well even themselves random act exactly and that was in again that was a trend that was already happening right so if you look at targets earnings target saw foot traffic diminished dramatically but what went up their online sales of two hundred seventy five percent to maybe target looks at this period and says you know what all those big physical stores those are warehouses now yes we'll have some more tion of which that people can go in and have an experience but the vast majority of our stores their warehouses our whole future is online I don't know that I'm just saying that could be a conclusion one could draw CBS news business analyst Jill Slazenger Amtrak at Union Station is implementing several boarding changes to train starting today because of the pandemic priority boarding will be just continued and boarding times will be adjusted so that there won't be any lines in the station Amtrak is limiting reservations to fifty percent of available seats employees will be required to wear face coverings and customers are encouraged to do the same if you have carry on baggage for Amtrak you're advised to be at the station no more than thirty minutes prior to your departure if you have to check a bag no more than sixty minutes before leaving well let's get a check on Wall Street the lunch hour how we look and just play ball the Dow is down one hundred ninety.

Jill Slazenger CBS business analyst
"jill slazenger" Discussed on WTOP

WTOP

05:38 min | 1 year ago

"jill slazenger" Discussed on WTOP

"Contract four point eight percent from January through March and that is the deepest decline since the two thousand eight Great Recession I asked CBS news business analyst Jill Slazenger to explain the GDP and the significance of today's report well it is the broadest measure of U. S. economic activity so it takes into account how consumers are spending businesses are spending and governments are spending and as you noted it's the first pretty well it's the most significant plunge since the financial crisis we have had a few quarters over maybe two in twenty eleven one in twenty fourteen where they were negative but again just think about this what's really kind of seismic about this number is that March is the bad month so we had two months of pretty good growth in January February dwarfed by March it is consumers that obviously spent the least that they're spending went down by seven point six percent and also we know that the government did pick up its spending federal spending up by one point seven percent tip of the iceberg though I'm so sorry to say that because this is the first quarter the second quarter is likely to be much worse well let's talk about some of the states that are opening up for business there are so many considerations now from safety to supplies talk a little bit about what businesses are going through as they begin to see customers again you know it's fascinating I've been talking to so many different kinds of businesses business owners I've been talking to large corporations and almost to a person everybody will say the number one important thing to keep in mind is safety right we all know that but because certain states are opening up without mandated rate ways of opening it leaves a lot to the employer so even when you think about the president's executive order about meat plants beat remaining open when you read through the lines there there's a lot of leeway so what's happening is we have to sort of interpret this for ourselves I think most business people are would much rather be conservative in their approach I'm hearing that in New York DC area they're not looking at having the majority of their employees back till September and when they do open do you imagine that we'll see sort of different versions of the sector's start to emerge or is it going to be sort of back to the way it used to be and now I you know there's a term in business which I hate which is B. A. U. business as usual so annoying but I like B. A. you this way business as on usual there is no way that the vast majority of these businesses are gonna look like they did prior let's just look at retail retail is one area where we are going to see a very major league winnowing of the names that were used to we're expecting Neiman Marcus to file for bankruptcy protection JC Penney Macy's and gap of already I'm starting to negotiate their with their lenders this is going to be a different economy on the other end of it the thing is we don't know exactly how and part of it will be well how long lasting will the effects of the virus infected consumer sentiment CBS business analyst Jill Slazenger there the pandemic it hasn't slowed things down for Amazon it's building new headquarters in Arlington county but some people who live around that construction site are not happy about it with people stuck inside the loud noise from Amazon's construction project has been mad name Arlington County Board member Matt diferente people are at home more so there's concern about the sound of the construction that is being done it's led to an online petition with neighbors calling for construction to be halted until Virginia state home order is lifted they also raise concerns about social distancing on the construction site though the contractor Clark construction says it has taken steps to add hand washing stations and create more distance between employees neckline Elie WTOP news well let's get a look at Wall Street pretty good today Jeff Clabaugh it is so far the Dow is up five hundred fifty points the S. and P. five hundred index is up two point seven percent money news in ten minutes on WTOP sports at fifteen and forty five powered by Red River technology decisions aren't black and white thank rad twelve fifteen today Preston breaking college athletics news the NCAA's top governing body says it supports a proposal to allow athletes to sending doors make contracts to receive payment for other work provided those schools they attend aren't involved in any of the payments now players actually getting paid won't happen until the fall of twenty twenty one legislation has to be drafted this October and voted on next January major league baseball's new proposed return according to USA today would involve three divisions of ten teams of peace with no interleague play to keep traveling potential exposure down this would place the nationals and Orioles in the same division nats general manager Mike Rizzo yeah we went interesting thinking that we've got ourselves a really good powerful gene are that should contend for for another World Championship but nothing has changed in my mind to counteract that the twenty twenty format would have Atlanta play in the central division in Pittsburgh joined the remaining and at least an American League east clubs in the east NFL former Redskins quarterback but shot Breeland has been arrested in South Carolina for multiple drug and alcohol offenses Breeland recently re signed with Kansas city after helping the chiefs win the Superbowl cheering on your team from home could take a new meaning read more about the Toronto based startup champ tracks as well as its nineteen year old founder and CEO on the sports page WTOP dot com today in sports April twenty ninth nineteen sixty one.

business analyst Jill Slazenger CBS
"jill slazenger" Discussed on WTOP

WTOP

04:02 min | 1 year ago

"jill slazenger" Discussed on WTOP

"Analyst Jill Slazenger about what it would take for a turn around next year the International Monetary Fund as well as lots of different economists that I speak to are projecting that this quarter the second quarter that we're in right now will really be the worst of it and so maybe that's good news to know kind of where the bottom is but as you noted we now have twenty two million Americans who have filed for unemployment claims and you know clearly the economy is shrinking terrible retail sales it's going to continue in April how we come out of this looks like if we can prevent the spread of the virus going through sort of a second round of infection that by the end of this year we should start to see economic activity pick up and and it could happen sooner you know you barring any sort of you know great breakthrough but I think what's really important is that when we look forward we really are relying on governments and businesses and people to use some common sense and not go back to quickly because that double dip could loom if we go too fast you mentioned retail sales plunging and and of course you know the service industry has has plummeted are there any parts of the economy that are actual price spikes in bright spots at this point well as you might imagine grocery stores and some of the general merchandise and dollar stores are doing well there is a little bump up in building materials and garden supplies maybe people trying to figure out what to do with themselves at home and to devote to add you know sort of distract themselves maybe up planting a garden could be a good idea here but you know the problem of course is that even these bright spots can't possibly make up for all the damage that's been done previously and I think that whether or not we like it we're in this period of uncertainty and maybe were always in a period of uncertainty this one in particular has so many variables it's really difficult to predict what will happen next you know the federal government as you know ran out of money and it's a small business assistance program Congress obviously working on another plant but what do you hearing about whether small businesses that needed that cash to survive got what they requested well you know I am doing this daily podcast and I'm taking calls and and and getting emails every single day you know ask Jill Jill on money dot com if you're interested and we're hearing some bad news from small businesses so many of them which you know you wouldn't necessarily think about really teetering on the brink and I'm talking about everything from non essential medical practices so you might think of a dermatologist well you know it's not essential in if you know you've got something going on like you need a botox shot but it's it is essential if you want a full body scanning you're scared of of skin cancer they are teetering engineering firms law firms and they didn't get this money quickly probably because they didn't have big lines of credit that were established already some of these big chains got money we just heard that shake shack is giving back that ten million dollars it it had gotten from the program and I think that's interesting because there are some exemptions made for big companies that had fewer than five hundred people in a location maybe those exemptions were a little overstated in the first round CBS business analyst Jill Slazenger they're younger Americans are apparently eager to eat and drink out in public again but a new poll finds most will be shying away from large festivals sporting events and international trips for awhile even after lockdowns were lifted the poll of Gen Z. and millennial consumers from true public finds a greater willingness to gather in smaller numbers closer to home one stay at home orders expire and the reluctance to immediately resume former activities that involve traveling or large crowds well let's get a check on Wall Street numbers how's it going just play ball the Dow is down two hundred thirty points the S. and P. five hundred index is down a half percent money news in ten minutes on WTOP sports.

Jill Slazenger International Monetary Fund Analyst
"jill slazenger" Discussed on WTOP

WTOP

04:54 min | 1 year ago

"jill slazenger" Discussed on WTOP

"Analyst Jill Slazenger Jill we have rapidly deteriorating economic conditions right now looking ahead is it going to get worse over the coming weeks and months and what would it take for a turn around next year well the International Monetary Fund as well as lots of different economists that I speak to are projecting that this quarter the second quarter that we're in right now will really be the worst of it and so maybe that's good news to know kind of where the bottom is but as you noted we now have twenty two million Americans who have filed for unemployment claims and you know clearly the economy is shrinking terrible retail sales it's going to continue in April how we come out of this looks like if we can prevent the spread of the virus going through sort of a second round of infection that by the end of this year we should start to see economic activity pick up and and it could happen sooner you know do barring any sort of you know great breakthrough but I think what's really important is that when we look forward we really are relying on governments and businesses and people to use some common sense and not go back to quickly because that double dip could loom if we go too fast you mentioned retail sales plunging and of course you know the service industry has has plummeted are there any parts of the economy that are actual price spikes in bright spots at this point well as you might imagine grocery stores and some of the general merchandise and dollar stores are doing well there is a little bump up in building materials and garden supplies maybe people trying to figure out what to do with themselves at home and to devote to add you know sort of distract themselves maybe up planting a garden could be a good idea here but you know the problem of course is that even these bright spots can't possibly make up for all the damage that's been done previously and I think that whether or not we like it we're in this period of uncertainty and maybe were always in a period of uncertainty this one in particular has so many variables it's really difficult to predict what will happen next you know the federal government as you know ran out of money and it's a small business assistance program Congress obviously working on another plant but what do you hearing about whether small businesses that needed that cash to survive got what they requested well you know I am doing this daily podcast and I'm taking calls and and and getting emails every single day you know ask Jill Jill on money dot com if you're interested and we're hearing some bad news from small businesses so many of them which you know you wouldn't necessarily think about really teetering on the brink and I'm talking about everything from non essential medical practices so you might think of a dermatologist well you know it's not essential in if you know you've got something going on like you need a botox shot but it's it is essential if you want a full body scanning you're scared of of skin cancer they are teetering engineering firms law firms and they didn't get this money quickly probably because they didn't have big lines of credit that were established already some of these big chains got money we just heard that shake shack is giving back that ten million dollars it it had gotten from the program and I think that's interesting because there are some exemptions made for big companies that had fewer than five hundred people in a location maybe those exemptions were a little overstated in the first round right shell will be in touch thanks so much we appreciate it CBS business analyst Jill Slazenger there let's get a look at Wall Street see how things are going with Jeff Clabaugh lido is down three hundred twenty eight points the S. and P. five hundred index is down one percent money news in ten minutes on WTOP sports at fifteen and forty five powered by Red River technology decisions aren't black and white thank rad ten fifteen today pressed in the NFL draft begins with the first round Thursday but with this year's remote format the league is leaving nothing to chance today running a dress rehearsal of the draft Redskins currently on the second overall selection in the first round one third rounder two fourth rounders a fifth in two sevenths baseball with new cases of the coronavirus falling in South Korea the country's baseball league is targeting in early may restart with teams ready to play preseason exhibition games this week when Major League Baseball restarts its twenty twenty season the question is how long will the second spring training beat nationals general manager Mike Rizzo tells MLB network radio I think spring training to point out that be dependent upon where the players are at all you know we've gone through a couple weeks for training prior to B. L. a long shot down but what have the players gun in the interim is going to be the key to when did your particular route teachers are in the most of this is about giving the catcher stretched out and ready ready to catch.

Analyst Jill Slazenger
"jill slazenger" Discussed on WTOP

WTOP

03:52 min | 1 year ago

"jill slazenger" Discussed on WTOP

"On this is CBS news business analyst Jill Slazenger Jo thank you so much for joining us it is hard to think that such a staggering sum in the trillions may not be enough but could that be the case it absolutely could be the case economists say this is a start I interviewed a Nobel Prize winning economist who thought that we were gonna have to be spending somewhere closer to three to four trillion dollars and maybe we will win this is all said and done at the very least this is a much needed lifeline to people who are feeling the impact of this virus and their financial lives and as you said you know a lot of this is predicated on you know what we know today I think things could change pretty dramatically we just don't know how long this is going to last and frankly if you got twelve hundred dollars or twenty four hundred Bucks if you were a married couple that may be fine if this were a ninety day event but if this were to be six months I think people are going to need more money it's a very good point it's not just a temporary solution that people need they might need something well a little longer than that are there any lessons that we've learned from the Great Recession that this bill is putting into play well absolutely I think the a part of the the the oversight of the corporate aspect of this this is a half a trillion dollars going to companies now most of that four hundred twenty five billion will come in the form of loans from the federal reserve it at zero or low interest we don't have the terms yet the fifty billion dollars that goes to say the airline industry the original draft of this show that there was pretty much no string attached to that now we have an inspector general and a five person panel that will oversee these funds this is a very good lesson a new Brodsky who is the former the the special investor and inspector general for the tarp the sig tart he was very clear that in his role it was really critical that he got the information he felt like the banks were pretty cagey I've interviewed him a few times and I found that the lesson to be learned is make sure that there is accountability and be clear what the money can and cannot be used for this these funds cannot be used for paying big amounts of money out to the the C. suite they cannot be used to buy back shares of the company that's something that we definitely learned in the financial crisis that we could not allow these companies to go unfettered chill one ask you about our money there is that expression on Wall Street don't try to catch a falling knife does this look like a falling knife situation to you right now and what should people who are thinking about buying it and do it well I think that if you are lucky enough to have money that has been set aside or that you've G. yet you know you happen to sell your house six forty five days ago and you're renting now when you don't need your money if you don't need your money anytime soon and you want to start purchasing shares or purchasing index funds that's fine but be very clear we don't know where the S. goes next I remember at the end of two thousand eight there were many people who thought that was it the market was down by thirty percent or so and it continued to lose another twenty five percent by the bottom in March of two thousand nine so what I would say is if you are someone who is long term in nature and you have money to put to work that's great but be very careful and certainly do not put any money at risk that you think you're going to need within the next twelve months that's a real big no no I know a lot of people are freaking out right now I've actually I have a podcast we went to daily podcast because we got so much information overload and if people do have questions they can send me emails that ask Jill and Jill on money dot com and you can subscribe to the Jill on money podcast it's daily it may be more Jill that you want but if you don't want it then you don't don't listen to it no such thing because we have a lot of questions right now we really do and we thank you for coming on with us that.

CBS business analyst Jill Slazenger
"jill slazenger" Discussed on WTOP

WTOP

03:34 min | 1 year ago

"jill slazenger" Discussed on WTOP

"Business analyst Jill Slazenger I thought one really great feature of this was the extension of unemployment benefits for an extra four months correspondent Nancy Cordes has more on the next steps coming from Capitol Hill once it passes in the Senate has to go to the house where they're hoping to pass it by something called unanimous consent which would enable them to do it without bringing all the house members back to Washington DC but it would require every house member to agree to that some of that money will go to hospitals most of which need ventilators protective equipment and other supplies to keep operating never McGinley is an emergency medicine doctor in Philadelphia we all feel like we're standing on a beach in watching this giant tsunami come and it just feels like the calm before the storm CBS news update I'm Peter king and we have more on the sweeping economic package from WTOP's Mitchell Miller today on the hill the Senate's number two Republican John Thune says relief can't come soon enough for millions of Americans this is about getting paychecks in the hands of American workers the twelve hundred dollar paychecks would come with five hundred dollars for each child there's also a huge part of the legislation that will go toward helping small businesses Maryland democratic senator Ben Cardin has worked with Republicans to help those businesses get more assistance and part of that will be through the creation of new programs that can turn loans into grants to help small businesses maintain their payroll so workers can keep their jobs curtain speaking on Skype the economic stimulus plan is the largest in the country's history on Capitol Hill Mitchell Miller WTOP news the number of positive coronavirus cases in this region continues to rise we are now at eight hundred ninety six cases in DC Maryland and Virginia Maryland has jumped to four hundred twenty three cases with more than seventy four cases reported in a twenty four hour period it is the largest single day increase in the state D. C. also had its biggest jump in twenty four hours adding forty six cases the total in the district is now one hundred eighty three and Virginia has two hundred ninety cases the Maryland department of health says a fourth patient in the state has died at prince George's county man in his sixties who suffered from underlying health conditions so far we know a combined thirteen people have died in DC Maryland and Virginia both Maryland governor Larry Hogan and DC mayor Muriel Bowser are set to speak in about a half hour with updates on coronavirus efforts Hogan is expected to make an announcement on the state of Maryland schools as well we will bring you the latest details as they come in more metro closures have just been announced on top of the Arlington cemetery in Smithsonian stations that were shut down a few days ago WTOP's Max Smith is tracking metro twenty four seven seventeen more stations across the region are closing for some other stations are walkable for others there's no alternative being provided for the few essential writers still on board in Maryland closures include Morgan Boulevard college parking Grosvenor Strathmore in Virginia closures include Virginia square Clarendon east falls church Eisenhower Avenue in van Dorn street in DC stations closed include federal triangle Mount Vernon square in Cleveland park trains will pass through without stopping but metro can move stuff around in metros dance Dessel says won't have to disinfect those stations anymore we're down to like a two to three weeks supply of certain categories of cleaning that's what's in the warehouse some other stations will have one of their entrances closed next month WTOP news coming up the worsening situation in New York City ten thirty four adamantium our dedicated team keeps governments most critical programs running safely and effectively from critical supply chains to reducing our government's top nuclear environmental.

Jill Slazenger Business analyst
"jill slazenger" Discussed on KIRO Radio 97.3 FM

KIRO Radio 97.3 FM

05:59 min | 1 year ago

"jill slazenger" Discussed on KIRO Radio 97.3 FM

"Geelong money where Jill Slazenger takes the mystery out of your finances eleven market makes a mistake because it's so rare that he does so I just want to have a moment here to enjoy it I usually make all the mistakes in this do well feels good mark great okay thanks your back it's Jill on money and if you've got a financial question we'd love to hear from you so I had a mark when you send that email he's the one who kind of monitors the in box and make sure that we get to everything say hi Hey marcado mark when he actually gonna get married as that question so I can stop asking it everyone when you send your next email sent at ask Jill Jill on money dot com start with dear Jill and mark Hey mark when he finally getting married let's start with that all right like don't blame it on that mark okay all right but well let's get a date on the box I'm gonna be your flower girl okay I'm just trying to follow up question to our episode about facet wealth if you guys did not hear that episode you can go back to Jill on money dot com and just you can go through the archive there but essentially facet wealth is one of these new companies it's sort of a hybrid all right and so we had this guy brand twice on the show and he talked about and you know like what this company does which is instead of charging a percentage of assets that they manage the charge a fixed fee and it's like forty Bucks a month somewhere between five hundred dollars and five thousand dollars a year and so that it's kind of interesting it's a it's a really interesting model and tissues basically asks the question like Hey do you think this makes sense for us and says that they she has you know wants to know that I want to know about allocation and and sort of a big picture though is it worth it should that should do the monthly fee or could be resolved in a few hours so your alternative to fasted wealth would be to find somebody to just do an overall financial plan for you and have that person do it by the hour and the CM much it will cost and you can compare it I would suggest that you talk to some maybe a nap fall adviser and national association of personal financial advisors napa dot org that could be a good place to start I'm might make a lot of sense so check it out we can compare what the prices are all right Linda writes that she is currently maxing out her four oh one K. that she started in September of last year I hadn't and I'm confused about how to handle seven thousand dollar irate deposits my vanguard advisor group tell me to make bi monthly deposits in my existing rollover IRA their after tax because they don't qualify for any deduction the adviser said hello brother I just is a long story here okay I see the problem so anyway she was trying to do a I'm a back door Roth so you put money a backdoor Roth is you put money into a non deductible retirement account and then you quickly converted into a Roth IRA and then you have no problem with the income limits but the problem is that I'm the existing rollover IRA if someone told you to do that that probably was pre tax money and knives screw the whole thing up so what I think you need to do is number one remember that you cannot do a raw like a back door Roth if you've got this other money in an IRA rollover kind of messes up the whole thing and so you've got to be very careful if again this big the existing rollover IRA is the problem okay that messes up the calculation what you could do is take your existing rollover IRA and then you could roll that into your current four oh one K. put all that money together then you can make a nondeductible IRA contribution into a brand new account and then convert that into a Roth that's what I would do now the problem for you is that it seems like you've gotten a lot of questions and concerns I'm I think that what you really need to do is that that you need to make sure the money is separated you need to undo these transactions and the first thing that I would do is take the old roll over and put it in your current four oh one K. then the problem is going to cease to exist if you need help with this you might I mean you say of the CPA you need to be very clear maybe so maybe the other the financial advisor maybe didn't realize there's this other account but if you've got an existing IRA account or rollover IRA and it hasn't been taxed and you want to do a back door Roth it makes it very difficult to do the backdoor Roth because there's this weird calculation that messes up the whole benefit of doing a backdoor Roth for you got to do the whole thing and I bet you don't have enough money to pay the whole tax due on that anyway I am so sorry because it sounds like a little bit.

Jill Slazenger Geelong
"jill slazenger" Discussed on WTOP

WTOP

01:59 min | 1 year ago

"jill slazenger" Discussed on WTOP

"Home paramount pest control call today for a free inspection eight eight eight eight eight eight home or home paramount dot com I read a Kessler WTOP traffic storm team four struck bell is here and we're trying to figure out a way to get outside today you know that corona virus may be a good way to get out of work you're going to with any excuse to throw these warm temperatures a little more corona all the time of course that could be never much I want to make light of a the serious situation but we're right there's no reason not take an extended lunch break today said outdoors at your favorite outdoor cafe and honestly you could probably get away with a little back your backyard barbecuing this evening sons not down until ten after seven between now and then it's all sunshine and a delightfully mild afternoon high today expected to reach seventy two degrees it'll turn cloudy tonight and stay mild near fifty tomorrow morning and close to seventy again tomorrow but no blue skies tomorrow it'll be cloudy with an off and on chance for some light rain during the tail end of the morning commute and again during the afternoon commute so they'll be a couple of a usable outdoor hours tomorrow but not they are pretty blues guy like today the milder than average weather hangs around all the way through the rest of the work week Wednesday and Thursday partly sunny skies highs in the mid sixties still mild on Friday but rain chances are moving in on Friday and that should turn us rather cloudy and cool and showery for both Saturday and Sunday potentially so be our first rainy weekend in a while I'm storm team four meteorologist Chuck bell for WTOP all right Chuck eight is ten fifty one CBS news special report another big selloff on Wall Street for the first time since the two thousand eight financial crisis trading on Wall Street halted for fifteen minutes trigger automatically after a seven percent drop CBS news financial analyst Jill Slazenger says that circuit breaker designed to short circuit people's panic button I'm worried about my health I'm worried about my money the only thing I can really do is just sell that's an easy place to put my emotion emotion fueled by the.

Chuck bell Jill Slazenger CBS financial analyst
Investor fears rise over recession, bear market as coronavirus spreads in U.S.

WTOP 24 Hour News

00:26 sec | 1 year ago

Investor fears rise over recession, bear market as coronavirus spreads in U.S.

"Markets have been on a roller coaster for weeks as investors try to guess what the economic damage from the coronavirus will be CBS news business analyst Jill Slazenger we don't know how pervasive it will be and as a result the odds of a recession in the United States are now higher than they were just six weeks ago so you put that all together and what you kind of figure out is that that uncertainty is breeding all of the selling pressure in the

Jill Slazenger United States CBS Business Analyst
"jill slazenger" Discussed on WTOP

WTOP

02:33 min | 1 year ago

"jill slazenger" Discussed on WTOP

"President trump downplayed the scale of the outbreak most of those people are going to be fine the vast majority can provide after signing the rotavirus funding package the president suggested the outbreak was unexpected even though his administration was issuing quarantines and travel restrictions in late January there are twenty seven states with cases south by southwest was just canceled over the corona virus the annual tech film and music conference in Austin Texas brought in more than three hundred fifty million dollars last year for the economy markets have been on a roller coaster for weeks as investors try to guess what the economic damage from the coronavirus will be CBS news business analyst Jill Slazenger we don't know how pervasive it will be and as a result the odds of a recession in the United States are now higher than they were just six weeks ago so you put that all together and what you kind of figure out is that that uncertainty is breeding all of the selling pressure in the stock market the Dow lost to fifty six nasdaq losing one sixty two the price of oil plunged ten percent its worst drop in more than five years president hope was also in Tennessee to survey disaster areas after tornadoes tore through the state earlier this week WTVF TV is Chris conte president trump walks through a devastated neighborhood in Cookeville Tennessee it was during the early morning hours on Tuesday when a fast moving storm spawned at least two deadly tornadoes one with winds up to one hundred and seventy five miles an hour god be with them and we're going to be with them we're going to be with them all the way the president also toward a donation site and met with survivors he promised federal disaster funds would start flowing soon and the state could have as much as it needs all the twenty twenty campaign trail Missouri is taking its turn in the presidential race spotlight ahead of the state's primary visits are expected from Joe Biden and Bernie Sanders over the next few days Idaho Michigan Mississippi North Dakota and Washington are also holding primary elections or caucuses next Tuesday Biden still leads to the delegate count you're listening to the CBS world news roundup on that paper money news at twenty five and fifty five on WTOP Friday losses were for the week the Dow still gained one point eight percent U. S. companies were hiring last month adding two hundred seventy three thousand jobs the labor department says the unemployment rate fell to three and a half percent JPMorgan CEO Jamie Dimon is expected to make a full recovery after emergency heart surgery Lufthansa is cutting its flight capacity.

labor department CEO JPMorgan North Dakota Michigan Idaho Chris conte business analyst CBS Lufthansa Jamie Dimon trump Washington Mississippi Bernie Sanders Joe Biden Missouri
Coronavirus hit to airlines could top $100 billion

Mark Larson

00:21 sec | 1 year ago

Coronavirus hit to airlines could top $100 billion

"An industry group in the U. S. as airlines could suffer a one hundred billion dollar hit because of travel issues business analyst Jill Slazenger if there is continued impact throughout the economy most economists believe that there will need to be government action that in other words the government would have to step in and start spending money we are companies and consumers are pulling back

Jill Slazenger Business Analyst
Stocks whipsaw as the Fed cuts rates to counter outbreak impact

WTOP 24 Hour News

00:52 sec | 1 year ago

Stocks whipsaw as the Fed cuts rates to counter outbreak impact

"Report the fed to the rescue stocks surge after the first emergency interest rate cut since the Great Recession half a point is just what the market needed at least to stop the big selloff CBS financial analyst Jill Slazenger says the decision to cut a benchmark interest rate by half a percentage point comes as the corona virus outbreak threatens global economic growth however Mr somewhat concerned that the fed cutting interest rates is not going to help all that much Slazenger says lower interest rates likely won't be enough to offset any sharp drop in economic activity sure it makes the cost of borrowing cheaper but the problem is that if people are worried about the spread of corona virus and are not traveling or not going out and shopping is much that that is not going to be cured by lower cost of borrowing CBS news special report I'm Vicki

Jill Slazenger MR Vicki Cbs Financial Analyst CBS
Jack Welch, GE''s legendary CEO, has died at 84

WTOP 24 Hour News

00:39 sec | 1 year ago

Jack Welch, GE''s legendary CEO, has died at 84

"And Jack Welch has died he was the chairman and chief executive of General Electric from nineteen eighty one to two thousand one and transform the company into one of the world's most valuable public conglomerates CBS news business analyst Jill Slazenger says while she had many fans his accomplishments are legendary but not everyone liked his methods when Jack Welch took a hatchet to the staffing levels at G. E. firing people he was known as Megatron Jack the C. E. O. who would be willing to cut jobs and sacrifice people to the overall mission of the company Jack Welch was

Jack Welch Chief Executive General Electric Jill Slazenger E. O. CBS Business Analyst
Stocks open sharply lower on Wall Street, shaving 2.5% off Dow, and are headed for their worst week since October 2008

WBZ Morning News

00:23 sec | 1 year ago

Stocks open sharply lower on Wall Street, shaving 2.5% off Dow, and are headed for their worst week since October 2008

"Analyst Jill Slazenger says it's a history setting week on Wall Street but not in a good way we are on track to have the worst week for stocks performance in percentage terms since the financial crisis since October of two thousand eight this is been a very brutal week both in terms of points but also in terms of percentage loss the Dow S. and P. and nasdaq all fell more than four percent

Jill Slazenger Analyst
Reported virus cases spike as Europe sees its first major outbreak

WTOP 24 Hour News

00:57 sec | 1 year ago

Reported virus cases spike as Europe sees its first major outbreak

"Stocks swooned on Wall Street today investors are concerned about the global economic impact of the corona virus which is spreading in Italy and South Korea economist Diane Swonk the reality and the world over about the fact that we're not going to see some real economic effects of the coronavirus CBS is Diane king hall has more investors were rattled by a rise in corona virus cases outside China Italy now has the largest outbreak in Europe the epicenter is just miles from Milan Italy's financial capital CBS news business analyst Jill Slazenger doesn't expect the virus to have a dire economic out when I talked to economists they're not framing this particular virus outbreak as tragic as it is on the human side as an economic docket that would throw the world into a recession CBS news update I'm

Italy South Korea Diane Swonk CBS Diane King Hall China Italy Europe Milan Italy Jill Slazenger Business Analyst
"jill slazenger" Discussed on KIRO Radio 97.3 FM

KIRO Radio 97.3 FM

02:28 min | 2 years ago

"jill slazenger" Discussed on KIRO Radio 97.3 FM

"We go just when we get to sneak in message maybe a couple more I'm okay it's July money by the way and I'm Jill Slazenger Susan rice I'm a trustee for my father's trustees incapacitated he's got quite a number of I. series bonds are the old I bonds to underground in the name of his family revocable trust we recently worked with attorneys to create a children's gear Rev up irrevocable grantor trust we want to transfer the bonds into the new trust without catching them in and without penalty is this possible and if so how do I make this happen expeditiously you can't you cannot do that you cannot transfer the bond ownership so I will say that what you may want to do is given that he is incapacitated you may want to start cashing those bonds and I wonder if he has a lower tax bracket that you then you and your siblings and maybe slowly but surely cash those then convert them and then you've got just pop them into that the grantor trust so not possible sorry that said that's a real you know issue and it's very difficult to deal with these bonds especially if they happen to be paper bonds a valet that's a real pain in the neck anyway you're gonna catch a man and pay the tax of hello okay last question that we're gonna get to hear I'm seventy seven years old and only receive social security and bank CD's and and I also own a total bond market fund is this a good fun to be in at the time of the CD maturing in the bank I'm thinking about moving it to a credit union that pays two point two percent for fifteen months is a credit of is a I is is the credit union is good as a bank yes absolutely yes merry you can use a credit unions actually literate FDIC insurance they have another kind of insurance but it saves you if the institution is insolvent I can't really comment on the bond fund that you have unless you tell me what it is but I say go for it in terms of your reddit union credit unions have really good fee structures station check them out okay that's it that's the program cannot thank you enough for tuning in today it's been an absolute pleasure remember throughout the week you can always shoot.

Jill Slazenger Susan rice trustee FDIC reddit seventy seven years fifteen months two percent
"jill slazenger" Discussed on KSFO-AM

KSFO-AM

05:20 min | 2 years ago

"jill slazenger" Discussed on KSFO-AM

"Should I put my money there Jill Slazenger can help you back to jail on money you are back in jail on money if you've got a financial question we'd love to hear from you our email address is ask Jill at Jill on money dot com Hey mark how Twitter followers not that I care that much anymore I mean you can follows market to tweet a lot of good stuff out there I pop in every now and again I just don't go to the toxic part mark made me stop what basically looking at my social media because people were so mean and I have a very thin skin for a hard **** blue lady right are you surprised at how thin skinned I am mark yeah so funny because I big mush ball R. eight anyway follow us on Twitter at July money here is a tax question from Rita homeboy this is a tough lesson to learn Rita says we learned a lesson last taxes and fees to our financial adviser no longer deductible is this correct yep and we pay a percentage quartered amounts to twenty grand we're looking for some tax relief Hey maybe we should look for some feet really connected in tax relief you can't do it anymore but what you can do is you can go to your adviser and say Hey we used to deduct the fees and ask for a lower rate maybe you'll get some traction on that maybe you never know I Jeffrey Wright's I just turned over my pension to a self directed IRA I'm thinking about purchasing not undeveloped property acreage and within the account what are the pros and cons how will be how will it be tax when I turn seven and a half who would handle this transaction ID a yeah I there is a whole like long process for putting realists state like that in a self directed account and it is a pain in the **** but here's the thing you have to go to a very specific kind of organization that does this and they are usually higher fees for doing it but and I don't really know honestly like it's not like my favorite thing to do because I don't I feel like this is a high risk kind of endeavor that said I'm you have the self directed IRA a lot of companies do it I presume they're gonna guide you they'll tell you about all of this all of the rules and the the thing is that you're gonna be responsible for finding the property but the SEC has said that like these are really rife with fraud so that's a problem I'm now what's the benefit real estate in an IRA grows tax deferred right but if you don't follow the rules very specifically and you do it the wrong way you disqualify the whole thing so I'm if you're thinking by the way that you can purchase a vacation home for anyone else listening now you can't it has to be all arm's length transactions so no self dealing nothing that you get anyway I would talk to an adviser about this I would never do this on my own so please be careful Jeffrey kind of scares me hi John is sixty two he wants to move twenty grand from a traditional retirement irate which is invested in an index five hundred to a Roth you want to do it for the next five years I got the entire year to make the twenty thousand dollar sale purchase my question should I wait for quote and dip or peak when I make the cell purchased my gut says to make the switch when the market is down mark what would you like to add how would you like to answer that just tell me when it's going to be mark says just let us now your role in the dice man just do it just do it and you know it's not gonna be perfect you're not doing that the whole conversion thing the timing issues less important even if you missed three days who cares just do it don't get don't get yourself knocked you know like literally people make themselves crazy they want to time the market is not really what the whole point is the point of the rough conversion is is really it's a tax arbitrage don't worry about the market just do it okay Nancy wants to know thirty years of marriage now she's getting divorced a valet five hundred thousand dollar retirement account divided equally I'm fifty five my husband sixty two his job is minimum wage and ice make about forty thousand dollars what is the finance best financial path for us I think you each are probably gonna need your own adviser you mean your best financial past is to try to figure out like with lawyers are with the mediator how you're going to kind of keep contributing but you know the rules are the rules most divorce laws are ruled by the states in which you get divorced and you're gonna have to both create a financial plan and if you can't do that yourselves we're gonna try to hire someone who will help you but I would it's just terrible divorce is also very bad for your financial plan that this so you should stay together for the money but maybe should stay together for the money you.

Jill Slazenger five hundred thousand dollar forty thousand dollars twenty thousand dollar thirty years five years three days
"jill slazenger" Discussed on KSFO-AM

KSFO-AM

05:24 min | 2 years ago

"jill slazenger" Discussed on KSFO-AM

"Money where Jill Slazenger takes the mystery out of your finances your back it's jail on money if you've got a financial question give us a holler very easy to do send us an email ask Jill and Joe on money dot com sometimes people just write in about stuff that I am writing about on my column I I have a column through Tribune I usually post the column on my website but maybe check out your local paper we'll see if you are if they carry it this is a note from Ted who says he enjoyed my recent article and it was about the solid jobs report justifying drone pals case for doing nothing in the federal reserve and Ted says I'm glad you included the use six number okay you six that's like this broader unemployment rate which basically says the way the unemployment rate works there's two different service for the unemployment numbers one is you go to businesses the governor goes to the businesses and said okay how many people Joe higher last month the other survey goes to households and says do you have a job are you actively looking for a job would you like a better job do you wish that you were working full time but only and but you only have part time help now brought unemployment rate just says do you have a job okay and are you actively actively seeking a job but when you put in all those other people he had a different number and that's the U. six number it's considered a broad unemployment rate and it is near record lows at the lowest since the year two thousand and ten wants to know is stranger were near record low unemployment but the lower and middle class doesn't feel secure and so true I and so Ted rights I think there are two things that is driving this phenomenon although active unemployment rates are near record lows the labor participation rate which means just the number of people in the pool is pretty low so essentially he's saying there's a lot of people on the sidelines but you know a lot of those people on the sidelines header just retired people one of the reasons the participation rate is so low which is you know essentially sixty three percent H. I the the reason why the participation rate is so low is not only because the labor market is weird but also because a bunch of baby boomers retired so that's number one number two he says lower and middle class working families are paying any extra money they have on healthcare premiums and deductibles I think that's probably true and I think ten you've got something there in that I think a lot of people are feeling squeezed because there are certain parts of our benefits plan lands that have fallen disproportionately on us and I do think that's important to recognize it used to be that kind of like everything was covered not so much anymore also listen that financial crisis really got it through a lot of people in their savings and even if they're working again they may still be building up their worth their net worth all right let's go to Dan who says my parents live in the small town they want to invest with the broker from a certain company I'm not gonna say it the only they say the I want to go there because they have one on every street corner I read enough there of of that practice in legal issues to no I wouldn't go there how do I find a fee only adviser in their town all right so Dan the way you do that did you go to nap for an A. P. F. A. dot org national association personal financial advisors map five dot org you can check it out and put in your zip code and see I agree with you it's really good to deal with someone who is not selling a bunch of product so try that out Jose writes about his mother's financial situation she seventy one she's retired and she's a widow she owns her own home she's still healthy enough to be independent shows on fixed income so that include social security and the income from two annuities the larger one is a qualified annuity meaning I came from an employer smaller one non qualified total value is about two hundred thousand dollars now here's the issue the qualified countries the one from the retirement plan it added surrender period and we have to figure out whether to make a change I believe it pays five percent her current income covers her expenses but leaves her little flexibility we would like to generate additional income but it sure that he does out liver savings I know annuities are costly but it seems to be the best option to achieve income and principal preservation it would be difficult to generate the same income from her balance as she invested elsewhere sales person indicated she could purchase a new contract paying six point six but it reset the clock on the surrender period not ready to sell our house so access your home equity is not possible my question are either the new a new ID or a reverse mortgage her only or best options at this point if so what are the details that I should be paying.

Jill Slazenger two hundred thousand dollars sixty three percent five percent