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“Retirement Readiness” (per Suze Orman) - Money
Suze Orman is a quite well known financial advisor regularly featured on many TV stations, and she’s been doing that for a lot of years. Thus, she is well respected and influential when it comes to planning for your financial future. But, as described in this Money magazine article by Marc Guberti, Suze’s retirement strategy seems to have changed a bit over the years. For most of the years in her early career, Suze was a big advocate to wait until age 70 to claim Social Security, if needed working until that age to achieve your maximum possible SS benefit. Now it seems that her mantra is more mellow – that it’s okay to retire from work sooner if you can. There are other ways to maximize your Social Security benefit while still maintaining your “retirement readiness.” Above all, it’s important that, whatever your strategy that you achieve “peace of mind” – that money isn’t the only factor. Rather being comfortable in your retirement is of the utmost importance. Click here to read the Money magazine article.