Jill on Money: Retirement investing, bonds, tax tips

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"Jill on Money" listeners are not the types to wallow in a disappointing jobs report! With spring in the air, we got busy with questions on retirement investing, bonds and tax tips.

Rosanne from CT called about an under-performing annuity, but we soon veered into a different direction: how to better diversify her retirement assets. Bob from Kansas also needed guidance on funding his retirement, wondering whether he should use mutual funds or individual stocks. I went into my usual spiel, extolling the virtues of using index funds at Vanguard, T. Rowe Price, Fidelity and Charles Schwab, among others. Thanks to Calista from NY, who prompted me to explain this concept further.

Questions about how to access the bond market from Alan, anonymous, Chris and April allowed me to discuss the big picture view of bonds and how to incorporate them into your portfolio.

Do you need to downsize to retire? The answer depends on your liquid savings. For Marilyn from Wisconsin, the sale of her home will beef up her retirement investments, while Anne from Buffalo may actually benefit from a new home mortgage.

Both Debbie from Kentucky and Juanita from Houston are in their mid-50's and trying to determine how to manage their retirement accounts at former employers. Rolling over is a possibility and so too is the IRS Section 72t exemption.

As time ticks down to the April 17th tax filing deadline, Veronica and Linda had questions about deducting business-related expenses.

Here are web sites and resources mentioned in this week's show:

-- Jill's Blog

-- NAPFA: National Association of Personal Financial Advisors (fee-only advisors)

-- Tax tips for Last Minute Filiers

-- Long term care conundrum

-- Financial documents: What to shred, what to keep

-- Estate Planning: the Documents You Need

Thanks to everyone who participated and to Mark, the BEST producer in the world and our intern, Sehar. If you have a financial question, there are lots of ways to contact us:

Call 855-411-JILL and we'll schedule time to get you on the show LIVE

Send an email: askjill@moneywatch.com

Tweet me: @jillonmoney

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  • Jill Schlesinger On Twitter»

    View all articles by Jill Schlesinger on CBS MoneyWatch »
    Jill Schlesinger, CFP®, is the Emmy-nominated, Business Analyst for CBS News. She covers the economy, markets, investing and anything else with a dollar sign on TV, radio (including her nationally syndicated radio show), the web and her blog, "Jill on Money." Prior to her second career at CBS, Jill spent 14 years as the co-owner and Chief Investment Officer for an independent investment advisory firm. She began her career as a self-employed options trader on the Commodities Exchange of New York, following her graduation from Brown University.

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