Suze Orman Has 1 Rule About Giving Money to Your Kids — And Most Retirees Break It

Core Viewpoint - Financial advisor Suze Orman emphasizes that parents should secure their own retirement before financially assisting their children, as this can be emotionally challenging for families [2][4]. Group 1: Financial Stability and Retirement - Orman argues that parents can help their children with loans for education and homes, but retirees cannot borrow for their retirement needs [3][9]. - Running out of money in retirement can have severe financial and emotional consequences, as retirees lack the earning power to rebuild savings [4]. - The current inflation rate, estimated at 2% to 3% in early 2026, can erode purchasing power, making it crucial for retirees to maintain their financial resources [5]. Group 2: Saving Trends and Vulnerability - The U.S. personal saving rate has decreased from 6.2% in Q3 2024 to 4.2% in Q3 2025, indicating that many households are not building sufficient financial cushions [6][9]. - This situation highlights the importance of protecting retirement assets, especially for those without a substantial margin for error [6]. - Middle-income retirees, whose savings must provide reliable income for decades, are particularly at risk if they give away money before ensuring their own financial security [7]. Group 3: Contextual Considerations - Orman's advice is strict, advocating for personal financial security before assisting others, but the definition of "secure" varies based on individual circumstances [8].