Retire Smarter: Suze Orman’s Proven Investment and Withdrawal Strategies to Make Your Money Last

Retirement investing is not about chasing high returns but about preserving your nest egg while generating reliable income. Suze Orman’s The Ultimate Retirement Guide for 50+ offers clear strategies to help retirees achieve this balance.

Asset Allocation: A common rule is to subtract your age from 110 to determine the percentage of stocks in your portfolio. For example, a 60-year-old might hold 50% stocks and 50% bonds, balancing growth and stability.

Low-Cost Funds: High fees erode returns. Orman recommends index funds and ETFs for their low expenses and broad diversification.

Sustainable Withdrawals: The traditional 4% rule may be too aggressive. Starting with a 3% withdrawal rate and adjusting based on market conditions helps your money last longer.

Cash Reserves: Keeping two years of expenses in cash protects you from forced selling during market downturns, providing peace of mind.

Trusted Advisors: Working with fiduciary, fee-only advisors ensures you receive unbiased advice tailored to your goals.

Implementing these strategies can transform your retirement experience from anxiety to confidence, allowing you to enjoy your golden years fully.

References: 1 2 4