Suze Orman’s 4-Step Retirement Checklist To Start Following Now
Yahoo Finance·2026-02-07 10:09
Core Insights - Many Americans are anxious about retirement planning, and financial advice from experts like Suze Orman can significantly help alleviate this stress Group 1: Retirement Planning Steps - Step 1: Start saving early by contributing 15% of income to a retirement account, ideally a Roth IRA, to benefit from compound interest [2][3] - Step 2: Reduce spending by analyzing the budget and cutting unnecessary expenses to increase savings for retirement [4][5] - Step 3: Invest in a Roth IRA for tax-free withdrawals in retirement, as it allows for tax payments now rather than later, which can impact income and lifestyle during retirement [6][8]