I’m a 70-Year-Old Retiree With $90K in an Annuity. Am I Doomed? Suze Orman Responds
November 21, 2024 by Laura Bogart
Retirement is often portrayed as the golden years of life. From stock photos of laughing, silver-haired couples riding bicycles to social media posts of that woman from your book club on her grand European vacation, we’re bombarded with the idea that adventure is waiting the moment you clock out for the last time.
But adventure costs money. So do the everyday expenses of living without a steady paycheck and simply paying your bills. And if you feel behind on even those basics, you’re hardly alone.
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Wink’s Moore on the Market: Suze Orman used to sell annuities.
In this piece, she suggests a consumer annuitize her contract, to potentially get a bigger paycheck.
And- change her mindset, so she doesn’t have a self-fulfilling prophecy… -sjm
