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Suze Orman: Retirement plans must account for risks and life changes
Suze Orman, financial advisor and author at Self-employed, urges individuals to ensure their retirement plans are robust enough to handle challenges.
According to Orman, a retirement strategy that only works if every aspect goes perfectly is not a true plan but a gamble. She encourages people to prepare for unexpected events that could impact their financial security.
Orman has previously highlighted the importance of building emergency funds to reduce the risk of financial stress from unexpected health costs, according to a recent article. She has also outlined the financial trade-offs between buying and leasing vehicles in a separate piece focused on long-term decision making. Her commentary often centers on preparing for contingencies that can affect financial security.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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