Suze Orman: Save for Retirement
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median retirement savingsMoneywise
•Business
Business & Economics
Suze Orman says US retirees now need to have a five-year ‘just-in-case’ fund — but is that a realistic goal?
68% Informative
Suze Orman believes seniors should save enough money to cover three-to-five years ’ worth of living expenses in liquid accounts that are shielded from stock market turbulence.
Orman’s ideal cushion is out of reach for many Americans .
The average retirement savings for American families is roughly $333,940 .
Orman 's five-year just-in-case fund may be the gold standard for retirement security, but for many Americans it’s more of a dream than a realistic plan.
Her underlying message is that retirees shouldn't leave their retirement fate to the whims of the stock market.
Building a cash cushion could be the smartest move you make for your future self.
VR Score
55
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44
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English
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