If you think you're ready to retire, think again — Money moves to avoid a financial crisis in retirement

Moneywise Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Everyone hopes that their reward for decades of hard work will be decades more to enjoy the fruits of their labor. But if you ask financial guru Suze Orman, the average American is nowhere near ready. Their savings won't last decades — they'll last about three years. Must Read The average amount that Americans have saved for retirement dropped slightly to $88,400 in 2024 from $89,300 in 2023, ...