Suze Orman calls this investment advice the ‘most overlooked financial tip’

by Doug Whiteman | MoneyWise

Suze Orman calls this investment advice the ‘most overlooked financial tip’

Personal finance pooh-bah Suze Orman has thrust herself into the headlines by advising consumers to “stay away” from traditional IRAs and 401(k) retirement plans.

The TV personality and best-selling author said in a Pivot podcast that when you withdraw the money in retirement, the taxes are bound to be high because the government will have to find a way to pay for its massive coronavirus debt.… Continues

Is Suze Orman right? Is a traditional IRA really the wrong way to invest for retirement?

By Alessandra Malito | Market Watch

Personal finance celebrity Suze Orman says people should invest in Roth retirement accounts, not traditional ones.
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Personal finance celebrity Suze Orman says retirement savers should steer clear of traditional accounts in lieu of Roth accounts, especially during this global pandemic.… Continues

Suze Orman: ‘You have to be crazy’ to put your money in this investment

‘Do you really think that tax brackets aren’t going to have to go up five, 10, 15 years from now in order to pay for all the debt that we’re carrying’

By Shawn Langlois | Market Watch

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‘Please, if you have the ability to do a Roth 401K, 403B, or a TSP, or a Roth IRA, those are the type of retirement accounts that you want to be in.… Continues

My friends shame me for being 26 and making $105,000 — far more than they earn. ‘I secretly feel like I’m paid too much’

‘When I get a raise or a promotion at work I want to be able to celebrate with my friends, and not feel like they’ll judge me or make snide remarks about my salary’

By Quentin Fottrell | Market Watch

The Moneyist answers dilemmas in an age of coronavirus.
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I’m a 32-year-old stay-at-home mom, and my husband earns $150,000 a year. Will I ever be able to enjoy a retirement?

Have a question about retirement, including where to retire? Email HelpMeRetire@marketwatch.com

By Alessandra Malito | Market Watch

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Dear MarketWatch,

I’ve been a stay-at-home mom for five years to a 4-year-old and 2-year-old. I’m 32 and I don’t see a clear deadline for when I can return to work.Continues