Arizona pair in their 50s aim to retire at 62 — but Suze Orman tells them they’re reading their numbers wrong

Core Insights - A significant portion of workers, 67%, express confidence in their retirement savings, while approximately one-third remain anxious about their financial readiness for retirement [1] Financial Assessment - Linda and Tom have total assets of $854,746, with a net worth of $833,178 after accounting for $21,568 in debt [3] - Their monthly income after taxes is $10,815, with average monthly expenses of $6,098, allowing for savings of $1,709 and discretionary income of $3,008 [4] - Estimated retirement expenses are projected to remain around $6,000 per month after taxes, indicating a favorable financial outlook [4] Income Sources in Retirement - Tom will receive a pension of $2,031 per month after taxes, while Linda earns $5,000 monthly and may work two additional years, resulting in a combined income exceeding their expenses [5] - After Linda's retirement, their combined monthly income from pensions and investments is projected to be $8,119, which is approximately $2,000 more than their estimated needs [5] Savings Breakdown - Retirement savings total $567,489, with an emergency fund of $59,954, investments of $41,303, and home equity valued at $186,000 [6]