Emily Rogers+FollowCould You Really Stash 5 Years of Cash?Suze Orman says retirees should keep 3-5 years’ worth of living expenses in cash, just in case the stock market tanks. Sounds smart, but let’s be real: most folks don’t have that kind of cushion. The upside? You won’t have to sell investments at a loss during a downturn. The reality? Saving that much cash is tough, and you might miss out on better returns. A more doable hack: aim for a smaller emergency fund in a high-yield savings account and mix up your savings buckets for flexibility. #retirementplanning #moneytips #personalfinance #SuzeOrman #emergencyfund #Finance30Share
Emily Rogers+FollowAre You Secretly Overspending?Ever feel like your paycheck disappears too fast? Suze Orman says if you’re just making minimum payments on your credit cards or always late on bills, you might be living beyond your means. The real kicker: paying only the minimum racks up crazy interest and can keep you in debt for years. If you’re borrowing from your 401(k) or need a cosigner, it’s time to hit pause and rethink your spending. Small changes now can save you big headaches later! #MoneyTips #PersonalFinance #SuzeOrman #DebtFreeJourney #SmartSpending #Finance00Share
Emily Rogers+FollowAvoid These Costly Retirement MistakesSuze Orman has some crucial advice on Social Security and 401(k)s. Don't cash in Social Security early—waiting means bigger checks later. Opt for a Roth 401(k) for tax-free withdrawals in retirement. Remember, retirement is more than just savings—it's about staying active and engaged! #RetirementPlanning #FinancialTips #SuzeOrman141Share