A Quote by Suze Orman
Absolutely invest in retirement. You can always get a loan to get kids through school. I do not know of any loans to get you through retirement. The markets are seriously low from where they were (even though they've gone up 30 percent recently). Now is the time to be dollar cost averaging; the more money you put in, the more shares you buy. Save for your retirement, people.
Related Quotes
As any Brit will understand, things get a little easier when you don't have to be number one any more. Really, the fall of an empire is not as bad as everyone thinks. It's like retirement. People fear retirement, but it can turn out be rather pleasant.
Many people focus on the 4 percent rule, which essentially says that as long as you withdraw no more than 4 percent from your retirement accounts each year, the money should last you 30 years.
Retirement's the most wonderful thing. I get to enjoy all the things I never stopped to notice on the way up. After an extraordinary life, it's time to enjoy my retirement.
Never take a loan against your retirement! When you pay interest against your retirement, you cost yourself interest.
When a man is forced into early retirement, he is often being 'given up for a younger man.' Being forced into early retirement can be to a man what being 'given up for a younger woman' is for a woman... Why do many men get more upset by retirement than women do from the empty nest when their children leave home? When females retire from children, they can try a career; when a man retires from a career, his children are gone.
We think that life is about get the girl, get the guy, get the car, get the job, get the house, get the kids, get the better job, get the better car, get the better house, get the promotion, get the office in the corner, get the kids on their way, get the grandkids, get the retirement watch, get the cruise tickets, get the illness, and get the heck out. That's it. That's a good life. But life has nothing to do with any of that. That is not our purpose in living. That is not the Agenda of the Soul.
I've always believed in the concept of retirement. I retired for the first time at age 18 ... from school. To me, retirement means doing what you want to do without worrying about getting paid for it.
Going through chemo is like investing money in a retirement account. You feel the hit right now, but later in life you get to reap the benefits - by still being alive.
There are two things that you need to save for. First, you need an emergency cushion of no fewer than six months of living expenses. This needs to be cash in a liquid account where you can get at it in - yes - an emergency if you need it. In other words, money markets, not CDs. You also need to save for your future: that means retirement.
If we stop believing in a future, if we stop doing things for something else but start doing them for now, some fundamental things change. Retirement becomes less about how much money you can squirrel away now and much more a matter of participating and contributing to your own community now so that they want to take care of you. … We’re going to move into a world where your retirement will be more secure if you’ve made lots of friends with young people rather than collected lots of dollars.
I was fortunate. I probably could have saved more money, too. But, it's like, even though I'm not really the Million Dollar Man, I have a retirement account, I saved some money, and I did some right things.
My financial adviser Ric Edelman...thinks the time to start educating people about money is when they are children. He's set up a retirement plan called the RIC-E-Trust that can provide retirement security. A $5,000 one-time tax-deferred investment at birth, with an average interest rate of ten percent compounded, means that a child would have $2.4 million when he or she is 65 years old. Who needs Social Security with that kind of nest egg?
It's time for a 21st-century retirement age. If 40 is the new 20 and 50 is the new 30, why shouldn't 70 be the new 65? The last time Washington politicians tinkered ever so gingerly with the government-sanctioned retirement age, Ronald Reagan was in office and Generation X-ers were all in diapers.
Your manner of life now is already determining your life in those years of old age and retirement, without your realizing it even, and perhaps without your giving enough thought to it. One must therefore prepare oneself for retirement.
Everyone's lost a lot of money on their 401k plans. I've heard some people calling them 201k plans. So it's even more important to get people to be saving more for retirement. Behavioral economics has helped us learn a lot about how to do that.
If I see my films described as 'quirky' or, even worse, 'snarky' one more time, I'm going to probably seriously consider an early retirement. All these years, I've labored under the conceit that they were "darkly humorous.'
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