Latest / Suze Orman's Women & Money (And Everyone Smart Enough To Listen) / What To Do In Uncertain Times

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What To Do In Uncertain Times · Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

0:08
Suze: May 3rd, 2026. Welcome everybody to the Women and Money podcast,
0:13
Suze: as well as everybody smart enough to listen. Suze O
0:17
Suze: here and today is kind at Suze School, but I'll
0:21
Suze: explain that more in one second. On June 4th at
0:27
Suze: 6 p.m., East Coast time.
0:31
Suze: What's going to happen?
0:33
Suze: We are going to have part two of the webinar
0:38
Suze: that I gave on April 23rd, and essentially what's going
0:43
Suze: to happen is this Keith Fitz-Gerald is going to join
0:48
Suze: me for the entire webinar, and we are going to
0:52
Suze: show you exactly what to do with your money, the stocks,
0:57
Suze: the ETFs, and what we're looking at next, OK.
1:01
Suze: So I've decided to name that webinar The Stocks, ETFs,
1:06
Suze: and New Opportunities You Need to Know Now with Suze
1:10
Suze: Orman and Keith Fitz-Gerald. That's what is happening on June 4th,
1:15
Suze: and if I were you, I would not miss it
1:18
Suze: because I'm just to give you a little .
1:20
Suze: It is the day before my 75th birthday, and for those
1:26
Suze: of you who have been with me for a long time.
1:29
Suze: You kind of know what I tend to do on
1:32
Suze: my birthday. So just make sure that if you're interested in,
1:39
Suze: let's just say, the ultimate scam protection or the must-have
1:43
Suze: documents or things like that, you just might want to
1:48
Suze: wait till that date. That's number one. Number two,
1:53
Suze: so many of you have been emailing me this last
1:56
Suze: week and just a very few on the Women and
1:58
Suze: Money Community app, and you've been saying, Suze, Suze, I
2:02
Suze: missed part one. I missed it. Can you replay it? Well,
2:09
Suze: Hay House does not replay it cause they're the ones
2:12
Suze: behind it, really, but I sure can. So I took
2:17
Suze: that webinar.
2:19
Suze: I cut it down to the highlights, to what you
2:22
Suze: really want to know, and it will be just me,
2:24
Suze: all right? And two things are gonna happen. Number one,
2:29
Suze: it's going to be your Suze School today and it
2:31
Suze: will be played on this podcast. Number two, at about
2:36
Suze: 2:00 p.m. East Coast time, it will also be then
2:40
Suze: up as a video
2:43
Suze: on my YouTube channel. So you can watch it there,
2:47
Suze: and it's going to stay up. Nobody's gonna take it down.
2:51
Suze: Nobody's gonna take this podcast off, so you can either
2:54
Suze: listen to it today, listen to it again. By the way,
2:58
Suze: I think you'll enjoy it more this time. I have
3:01
Suze: to tell you, I did, for many reasons, but that's
3:04
Suze: besides the point. And you can watch it starting at
3:07
Suze: 2 p.m. today on my YouTube channel.
3:12
Suze: Just that simple. So without much more to say, here
3:21
Suze: we go to Suze School.
3:28
Suze: This is to simply be your financial wake up call,
3:32
Suze: a call that wants you to be in control of
3:35
Suze: your destiny. Today's webinar, I want it to be about
3:40
Suze: let's get rid of your fear, let's get into action,
3:44
Suze: and let's do the things in every one of our
3:47
Suze: lives starting today.
3:49
Suze: That we can control and therefore profit from. Here's really
3:54
Suze: what I think is important when it comes to the
3:57
Suze: stock market.
3:59
Suze: The biggest mistake you will ever make, and you probably
4:04
Suze: are making it or you have made it, is when
4:07
Suze: in fact you stop investing. You sell, you get out,
4:12
Suze: you let fear dictate the moves that you make. Then
4:17
Suze: you can't do that, everybody. If you do that, you
4:20
Suze: are never ever going to build wealth.
4:24
Suze: Do you know that in the past 40 years since
4:27
Suze: they started a track, the Standard and Poor's 500, in
4:31
Suze: those 40 years, there were 33 up years and only
4:38
Suze: seven down years, just seven.
4:43
Suze: Every one of them roared back. So do not, do
4:49
Suze: not let fear dictate and keep you from making the
4:54
Suze: money you deserve to make. So you may think, oh,
4:56
Suze: it's the knowledge I have, it's the education I have,
5:00
Suze: and that's what will make me money. Oh no.
5:03
Suze: If you are afraid you will sell at the wrong time,
5:05
Suze: you will buy at the wrong time, you have got
5:08
Suze: to control your emotions, and the biggest emotion that is
5:13
Suze: dictating failure right now in finances is you're afraid. You
5:17
Suze: hear all these things on the TV, all these pundits,
5:20
Suze: everybody's saying everything's going to crash. Wrong. Now listen to
5:23
Suze: me again closely. Normally, the markets will go up more
5:28
Suze: over a period of time than they will go down overall.
5:33
Suze: The tilt of the market is always up, or it
5:36
Suze: can go down for maybe 1.4 years or so.
5:40
Suze: But normally it will go up for at least 5 years.
5:44
Suze: So this is the time that I do not want
5:46
Suze: you to stop investing in your 401k. This is the
5:49
Suze: time I do not want you to sell out of
5:52
Suze: great stocks and ETFs that you happen to own. I
5:56
Suze: want you to continue to invest month in and month out,
6:00
Suze: when it goes down. And by the way, what is
6:02
Suze: wrong with all of you?
6:04
Suze: When the markets go down, of course, this is the
6:08
Suze: time you should be buying things that are good. It's
6:11
Suze: not the time for you to be selling. So you're
6:14
Suze: doing exactly what the traders and the people that want
6:17
Suze: to profit off of you, want you to do, but
6:20
Suze: not on my watch. So, as long as you have
6:23
Suze: at least 5 years or longer, preferably longer, till you
6:26
Suze: need this money.
6:28
Suze: As long as you can consistently dollar cost average into
6:33
Suze: the market, take a sum of money and do it
6:35
Suze: every little, little, every month, I do not want you
6:39
Suze: putting a lump sum in this market right here, not here,
6:42
Suze: not now. If you could just do those things, know
6:47
Suze: what you're investing in, I'm telling you, over the long run,
6:51
Suze: you will make money. What's known right now to all
6:56
Suze: of you?
6:57
Suze: You know that we are currently in the lowest income
7:01
Suze: tax brackets of your lifetime. That is known. What is unknown?
7:08
Suze: What's unknown is what are the tax brackets going to
7:11
Suze: be later on in life. And so many of you go, Oh,
7:15
Suze: I want the tax write-off now. I need it now.
7:18
Suze: Later on, I'm going to be, you know, in a
7:20
Suze: lower tax bracket. How do you know that?
7:24
Suze: That is the unknown. And let me tell you why
7:28
Suze: I think you probably, as time goes on, may be
7:31
Suze: in a higher and higher tax bracket, which is why
7:35
Suze: I want you all to be doing a Roth 401k,
7:39
Suze: a Roth 403b, a Roth TSP, a Roth IRA. I
7:44
Suze: want you
7:46
Suze: to give up these stupid, and they are the stupid
7:49
Suze: tax write-offs today. Don't you all understand that as your
7:53
Suze: money is in there, it's compounding and it's growing and
7:56
Suze: it's growing, and who is it growing for? It is
7:59
Suze: growing for Uncle Sam. So later on in life, when
8:04
Suze: you go to take it out.
8:06
Suze: You're going to have to take out large sums. It's mandatory. Oh,
8:09
Suze: you die and leave it to your kids. They may
8:12
Suze: be in a higher tax bracket and therefore they're forced
8:15
Suze: to take it out as well. They're going to pay
8:17
Suze: heavy taxes. Roth is the way to go. And again,
8:21
Suze: here is the reason why we have something known as
8:24
Suze: artificial intelligence.
8:26
Suze: And artificial intelligence in my mind is changing everything.
8:34
Suze: And it is very possible, it is very probable that
8:39
Suze: a lot of white collar workers, all kinds of workers,
8:43
Suze: are going to not be needing to work anymore because
8:46
Suze: their employers will replace them by artificial intelligence. Now, when
8:52
Suze: that happens, I want you to think about this closely.
8:56
Suze: More and more people will not be paying into the
9:00
Suze: tax system at the exact same time that you have
9:03
Suze: the baby boomers and everybody collecting what? Social Security, doing
9:07
Suze: all these things. So, what is going to happen? Most likely,
9:12
Suze: tax brackets are going to have to go up. Do
9:14
Suze: you know that when I first started, the highest tax
9:17
Suze: bracket at that time was 70%.
9:21
Suze: Don't think, everybody, that can't happen again. So, therefore, very briefly,
9:26
Suze: what I really want you to do is do Roth 401ks, Roth, anything.
9:33
Suze: And if you can, and you qualify for it, do
9:35
Suze: a Roth IRA and a Roth 401k, whatever it may be.
9:40
Suze: For those of you, I just want to say, who
9:43
Suze: have money in a traditional
9:45
Suze: 401k or TSP or whatever it may be, and now
9:48
Suze: you want to transfer that money within your corporation to
9:52
Suze: a Roth, be careful because when you do so, it's
9:56
Suze: taxable that year as ordinary income. So do it little
10:01
Suze: by little, just sign up...
10:03
Suze: tomorrow, really, just sign up right away. Your new contributions
10:08
Suze: should go into the Roth, and everybody check out if
10:11
Suze: you qualify for a Roth IRA. On my podcast, The
10:16
Suze: Women and Money podcast, and you all should be listening
10:19
Suze: to it if you're not, there's a podcast called Don't
10:22
Suze: Be Partners with Uncle Sam.
10:25
Suze: That goes into great, great detail as to why you
10:30
Suze: should do Roth's. I promise you, after you listen to
10:33
Suze: that one podcast, you will never do a traditional retirement
10:38
Suze: account again, which is pre-tax. All right. I've been thinking
10:41
Suze: about this for a long time. You know, I was
10:44
Suze: on Erin Burnett's show on CNN and she asked me
10:47
Suze: this one question. Suze, what keeps you up at night?
10:51
Suze: And I said, insurance. She said, what are you talking about?
10:55
Suze: I said, you know, Erin, it's not anymore. Can you
10:58
Suze: afford the mortgage?
11:00
Suze: It's not anymore, do you have a 20% down payment.
11:04
Suze: It's the mere fact that because of climate,
11:09
Suze: whether it's hurricanes, fires, floods, tornadoes, everything that you see
11:16
Suze: going on all the time that have destroyed so many
11:21
Suze: houses that you never thought would be destroyed, insurance companies
11:26
Suze: have pulled out of markets. They have gone up, at
11:29
Suze: least in Florida, 100% in
11:32
Suze: premiums. If you make one claim, they will cancel you.
11:36
Suze: And here's the thing, everybody, if you have a mortgage,
11:39
Suze: you have to have insurance for your home. If you don't,
11:44
Suze: you can't get a mortgage. So now we're in a catch-22.
11:49
Suze: Many people can afford a mortgage payment, but they can't
11:53
Suze: afford the insurance premium now.
11:56
Suze: Many of you may know, I sold the island, we
11:58
Suze: sold everything. We now live again in Florida, in a
12:02
Suze: 2,000 square foot condo. What do you think the insurance
12:08
Suze: premium is on this? Now, obviously we own it outright,
12:12
Suze: but let's say we were like everybody, where you have
12:15
Suze: a mortgage and everything, and you have to keep the insurance.
12:20
Suze: The insurance premium on this is $28,000 a year.
12:27
Suze: Now, most people would say, I can't afford that. I
12:31
Suze: have to sell.
12:33
Suze: Most people would have to sell, cause now you're looking
12:36
Suze: between that and HOA and mortgage, you can't afford it anymore.
12:40
Suze: So here's the bottom line, everybody.
12:44
Suze: I think because of climate change. I also think because
12:49
Suze: of what's happening with the insurance companies. I think because
12:55
Suze: of the price still of real estate and interest rates
13:00
Suze: not going down. Remember,
13:03
Suze: Your mortgage is attached to a 10-year Treasury note, not
13:08
Suze: to the Fed funds rate, but to Treasuries, and right
13:12
Suze: now we're back up again at about 6.3%.
13:16
Suze: That is not a low interest rate. So when you
13:20
Suze: do all of that, I have to tell you, I
13:23
Suze: don't mind if people rent even more than buy. You
13:28
Suze: have to know that you can afford everything, maintenance, and wait,
13:32
Suze: I just have to talk about maintenance for a second.
13:34
Suze: When you have an oil crisis like we're having right now,
13:38
Suze: don't think that doesn't affect everything. It does. It affects
13:43
Suze: what it costs to, you know, fix something.
13:45
Suze: Maintenance, all kinds of things, because materials go up because
13:49
Suze: we can't ship them. Can we do this? Can we
13:51
Suze: do that? It's more expensive to get it to you. So,
13:54
Suze: bottom line is what I'm trying to say here is
13:57
Suze: owning a home, everybody, in my opinion, doesn't need to
14:01
Suze: be an American dream anymore. My American dream for all
14:06
Suze: of you is that you live a secure life. Listen, everybody,
14:10
Suze: this isn't to depress you.
14:13
Suze: This is to simply be your financial wake-up call.
14:17
Suze: A call that wants you to be in control of
14:20
Suze: your destiny, and you can be, but you have to
14:24
Suze: have faith in who you are. You have to know
14:27
Suze: what's true and what's not true. And if you look
14:29
Suze: at your finances, and you have credit card debt right
14:32
Suze: now and you're only paying the minimum payment due, what
14:35
Suze: lie are you living? If you're not fully funding your
14:40
Suze: Roth IRAs and your employer plans and all of that.
14:44
Suze: Why aren't you? What is going on now? I know
14:47
Suze: a lot of you are saying, but Suze, I was
14:50
Suze: laid off. I was this, I was that.
14:52
Suze: There isn't an excuse big enough, everybody out there to
14:56
Suze: keep you from being who you are meant to be.
15:00
Suze: Do you hear me? I could sit here from now
15:03
Suze: until doomsday and talk to you about, I want you
15:06
Suze: to do this, I want you to do that, I
15:08
Suze: want you to do that, I want you to do this.
15:10
Suze: But the real question is, what keeps you from doing
15:15
Suze: that which you know you should do with money?
15:19
Suze: And I am telling you the answer to that is fear.
15:22
Suze: Fear that others will think you don't have money, fear
15:25
Suze: that you're going to make a mistake, fear that you
15:29
Suze: won't be able to go on vacation.
15:32
Suze: You have got to squelch your fear, so you can
15:36
Suze: feel what it's like to live a fearless life.
15:40
Suze: A life where you are a warrior and you are
15:43
Suze: not going to turn your back on this battlefield. You
15:46
Suze: are going to be in control of your future. Do
15:48
Suze: you hear me, everybody? You can do this now. Every
15:53
Suze: one of you needs the must-have documents, and the four
15:56
Suze: must-have documents are a will, a living revocable trust, an
16:01
Suze: advanced directive, and
16:03
Suze: power of attorney for health care and a financial power
16:07
Suze: of attorney, those are them. Why do you need them?
16:11
Suze: And right now I'm just going to concentrate on a
16:14
Suze: will versus a trust. When you have a will, a
16:18
Suze: will is simply a piece of paper, everybody, that says
16:21
Suze: where your assets are to go upon your death.
16:25
Suze: But in my opinion, it does it in the most
16:28
Suze: cost inefficient way possible. And I always use my mama,
16:33
Suze: who died at 97. I always use this as an example,
16:36
Suze: because believe it or not, it took me a long
16:38
Suze: time to get her to do a trust, OK.
16:42
Suze: Mommy has a home. It's in her name, Anne Orman.
16:47
Suze: She dies and leaves it to me via a will.
16:49
Suze: And let's just say it's in the state of California. OK.
16:53
Suze: Upon her death, the title is still in her name.
16:57
Suze: I have a piece of paper that says, I'm supposed
17:00
Suze: to get the house. I have to take it down
17:03
Suze: to probate court. I'm not gonna be doing it. A
17:06
Suze: lawyer is gonna do it.
17:08
Suze: In the state of California, you're gonna pay a lawyer, executor,
17:12
Suze: the whole thing. It's gonna take anywhere from one or
17:16
Suze: two years in probate court and statutory fees in the
17:21
Suze: state of California.
17:23
Suze: Um, let's just say a $300,000 home, could be $20,000.
17:29
Suze: But you say, Suze, what if all I have is
17:31
Suze: a $5,000 down payment on it and the rest is
17:35
Suze: just a mortgage? It's based on the fair market value,
17:38
Suze: not on what you owe or any of that. It's
17:42
Suze: the fair market value people. So, is that what you
17:46
Suze: want to do? But it's not just about
17:49
Suze: a will passing down to your kids. What if you
17:53
Suze: become incapacitated? What if you have a stroke? Who's gonna
17:57
Suze: pay your bills for you? Really, ladies, you know, actually speaking,
18:03
Suze: we live longer than men.
18:06
Suze: So who's gonna do that for you? Hey, you just
18:10
Suze: can't do it. A will just says where your assets
18:12
Suze: are to go. However,
18:15
Suze: if you have a living revocable trust.
18:20
Suze: You are the trustee, you are the trustor, you get
18:23
Suze: to decide everything, held for your benefit while you're alive.
18:27
Suze: Your beneficiaries benefit after you have died. Do you know
18:31
Suze: what happens? You take the time while you're alive to
18:34
Suze: transfer the name from like my mom, Anne Orman.
18:38
Suze: Into the living revocable trust, just that simple. Go to
18:42
Suze: a title company, it's changed, bam. Upon her death because
18:46
Suze: it was held for her benefit while she's alive, my
18:48
Suze: benefit after she has died, two weeks later, essentially it's mine.
18:53
Suze: No probate, no nothing. But even more important, so you
18:57
Suze: don't care about your kids.
19:00
Suze: What I said to you about a will and how
19:02
Suze: are you're going to do something if you have a
19:03
Suze: stroke or incapacitated. There is an incapacity clause within this program.
19:10
Suze: That you designate who can make those decisions for you
19:14
Suze: if you can't make it for yourself. Just that simple.
19:19
Suze: You become incapacitated, Mommy, Suze could sign for you. Suze
19:24
Suze: could write your checks. Suze can make decisions for you.
19:28
Suze: Just that simple. So what is stopping you, everybody? What?
19:33
Suze: Can you just tell me? It doesn't make any sense whatsoever.
19:39
Suze: So listen to me, everybody.
19:42
Suze: The reason I wrote the book The Ultimate Retirement Guide
19:44
Suze: for 50+ is that I wanted to designate something for
19:49
Suze: people who are 50 and older, because here's the truth
19:52
Suze: of the matter, everything is geared towards really younger people,
19:57
Suze: but most of us right now are older. Here's what
20:01
Suze: I want to say to all of you. You know.
20:05
Suze: If you can afford the home you have, you know,
20:08
Suze: if you have a really large home right now and
20:11
Suze: you keep it simply so the kids could come back
20:14
Suze: and visit you once every year or whatever, you know
20:18
Suze: if you have enough money to retire on or not.
20:22
Suze: You know that Social Security may be here or it
20:25
Suze: may not be here. That is an unknown. So what
20:29
Suze: can you do that is known?
20:32
Suze: If it were up to me, I would ask all
20:35
Suze: of you to take a good look and decide, should
20:39
Suze: I downsize or not. So I want you to get
20:43
Suze: honest with yourselves and really think about downsizing now, cutting
20:51
Suze: your expenses, paying off your mortgage if you're going to
20:55
Suze: stay there, if you know you're going to keep the
20:57
Suze: house forever.
20:59
Suze: And it makes sense. But again, I do go into
21:03
Suze: great detail in this, in the Ultimate Retirement Guide for 50+.
21:07
Suze: For those of you who are younger and you are watching,
21:11
Suze: I am telling you now when you're in your 20s
21:13
Suze: or 30s, when you stop thinking about, I have to
21:16
Suze: enjoy life now. I have to take a vacation now.
21:19
Suze: I have to do that. You have one job.
21:21
Suze: And your job now is to save as much money
21:25
Suze: as you possibly can. Max out your Roth 401ks or
21:29
Suze: your Roth IRAs. Stay out of debt. Start dollar cost
21:34
Suze: averaging into these markets. Do not feel like I've got
21:39
Suze: to drive a fancy car. Do you know that most
21:41
Suze: people's car payment now
21:43
Suze: is bigger than my mortgage payment was the first time
21:46
Suze: I bought a home? Are you kidding me? Compounding, these
21:51
Suze: are your compounding years, and I'm telling you, you will
21:55
Suze: make a mistake. You're 25 years of age right now,
21:58
Suze: and you're thinking, oh, I want to have a great time.
22:01
Suze: Do you know if you put $100 a month starting
22:04
Suze: right now, every single month, into a Roth IRA and
22:09
Suze: you did that over the next 40 years till you
22:12
Suze: were 65.
22:13
Suze: With average market returns of approximately, let's say 12%, and
22:17
Suze: by the way, the annual average return over a long
22:21
Suze: period of time is between 10 and 12%, just so
22:24
Suze: you know, you would have a million dollars. Do you
22:26
Suze: know that? But no, you want your Starbucks, you want
22:29
Suze: fancy this, fancy that, designer clothes. Give me a break.
22:34
Suze: If you just wait 10 years until you're 35 to start,
22:39
Suze: you think, oh, Suze.
22:40
Suze: What difference can $100 a month make, that's $1,200 a year,
22:44
Suze: in 10 years, that's $12,000. Do you know if you
22:48
Suze: start at 35 rather than $25 you would have only
22:51
Suze: $300,000 at the age of 65. What difference did it make?
22:56
Suze: Made $700,000. Why? Because time is the most important ingredient
23:03
Suze: in any financial freedom recipe. So, what is the known?
23:07
Suze: The known is, you're going to get older, hopefully. That's
23:12
Suze: the known really, in your mind. What's the unknown?
23:17
Suze: What's going to happen as you get older? Are you
23:20
Suze: prepared for an accident, an illness, a loss of job?
23:24
Suze: How do you prepare? You have at least a 12
23:27
Suze: month emergency fund of funds you need to pay every
23:31
Suze: month if you lose your job, not going out, your rent,
23:36
Suze: your food, your mortgage, things like that.
23:40
Suze: You know, hopefully when you get older, you're gonna have
23:43
Suze: to live off of your retirement. So invest in the
23:46
Suze: Roths now, so that when you do, it's all tax-free
23:49
Suze: cause the unknown is the tax brackets. Those are things
23:54
Suze: that you know. Now, a lot of you are saying,
23:57
Suze: but Suze, I'm so confused. Even if you're older, you're confused.
24:02
Suze: You don't know what to invest in.
24:06
Suze: Should I invest in individual stocks? All of you are
24:09
Suze: waiting for me to give you which stocks are my
24:12
Suze: favorite stocks right now, which I do on the podcast,
24:14
Suze: by the way. What should I do? An ETF? Do
24:17
Suze: you know even what an ETF is, which is an
24:19
Suze: exchange traded fund? What should I do? When I wrote
24:24
Suze: the Road to Wealth book, which was in 2001.
24:29
Suze: Right, that's when it came out. So I wrote it
24:31
Suze: in the year 2000. Do you know there were only
24:36
Suze: about 80 exchange traded funds in all, but only 6
24:40
Suze: that were worth their while, 6. Today,
24:45
Suze: there are about 5,000 exchange traded funds. Today, there are
24:52
Suze: more exchange traded funds than stocks that are currently listed
24:57
Suze: on the American stock exchanges, the New York, NASDAQ, all
25:01
Suze: of those. I want you to think about that, everybody.
25:05
Suze: So the trend right now is really going to exchange
25:10
Suze: traded funds. Why?
25:12
Suze: Because they're focused. You don't have to wonder, oh my God,
25:16
Suze: this one stock went down, and now I lost all
25:18
Suze: my money, and I don't know what to do. The
25:20
Suze: perfect portfolio would be maybe 50% in an exchange traded fund,
25:26
Suze: and maybe 4 or 5 different stocks. They're a little
25:29
Suze: bit more aggressive, but as time goes on,
25:33
Suze: There will be focused exchange traded funds that are managed
25:37
Suze: for you, that are something that you probably want to
25:41
Suze: be investing in. So, I want you to start being
25:44
Suze: educated on exchange traded funds. The one mistake I don't
25:49
Suze: want you to make.
25:50
Suze: In your retirement accounts, everybody, especially in a 401k, I
25:56
Suze: don't want you to blindly go into target date retirement funds.
26:01
Suze: You simply set the date that you think you're going
26:03
Suze: to retire, and that's where you're putting your money. It
26:06
Suze: is a mistake. It is a mistake. It is a mistake.
26:09
Suze: You don't know that you're actually going to retire on
26:12
Suze: that date, number one.
26:14
Suze: The closer you get to that date, depending on which
26:17
Suze: target date fund you're in, the company that's offering it,
26:20
Suze: they tend to go more and more towards bonds and
26:24
Suze: being conservative than being in the market. You invest according
26:29
Suze: to the economy and what's happening today, not according to
26:33
Suze: your age. So if you continue to do that, you
26:36
Suze: will be making one of the biggest mistakes out there.
26:41
Suze: Again, fear is the main internal obstacle to wealth, everybody,
26:46
Suze: and really my main job
26:49
Suze: is to take the fear out of investing for you,
26:53
Suze: choosing the right retirement account, making sure that your family
26:57
Suze: is protected with a trust and a will and all
27:00
Suze: of that, understanding real estate, should you do it? Should
27:03
Suze: you not? Is there better ways to invest in real
27:06
Suze: estate and possibly there is through REITs, but which ones?
27:10
Suze: All of that, all that's more than we can do
27:14
Suze: in this very short period of time. But I want
27:16
Suze: to give you a taste.
27:17
Suze: I want to give you a taste of what's possible,
27:20
Suze: which is why I want you to continue to listen
27:23
Suze: to the Women in Money podcast and Everybody Smart Enough
27:26
Suze: to Listen. It is just not for women.
27:29
Suze: It is for everybody smart enough to listen. Also, my
27:32
Suze: YouTube channel, whatever it is, we're still developing things so
27:37
Suze: that you can be the masters of your financial destiny,
27:42
Suze: so you can feel secure, so you don't have to
27:46
Suze: be afraid. It's all about that period.
27:54
Suze: I'm back now. Didn't you enjoy that a little bit
27:57
Suze: better maybe than the one on April 23rd? I did.
28:02
Suze: I went right to the point, what I wanted you
28:05
Suze: to know, so I hope you had some good takeaways there.
28:08
Suze: And if you watch it on YouTube, which will drop
28:12
Suze: at 2 o'clock today, East Coast time, you might even
28:16
Suze: like it even more. Youtube.com/ Suze Orman. All right.
28:22
Suze: So as you know, in just a few days on
28:24
Suze: Tuesday morning early, we are taking off for Japan and
28:30
Suze: we will be gone all the way through the 16th
28:34
Suze: or so, maybe longer, you never know. So excited to
28:38
Suze: meet Fitzy and Noriko. I can't tell you in person,
28:42
Suze: but we'll just tell you all about it. We'll tell
28:45
Suze: you all it on
28:47
Suze: the next time we talk to you live, however, please
28:51
Suze: don't forget June 4th is that new webinar with Mister
28:56
Suze: Fitzy and myself. You need to be there. You need
29:00
Suze: to see it. So therefore, if you already registered for
29:05
Suze: Part One and you already saw Part One of the webinar,
29:09
Suze: then you're fine. You're already registered for part two, but
29:13
Suze: if you did not register for Part one to be
29:17
Suze: part of Part two, don't you love all these parts anyway?
29:22
Suze: You have to register. So go to suzeorman.com and do so.
29:27
Suze: I promise you you will not regret it. And just
29:31
Suze: know Keith and I together.
29:35
Suze: Oh, we're just a little bit more entertaining than anybody else,
29:39
Suze: so you got to tune in. So until Thursday when
29:45
Suze: we do have a new Ask KT and Suze Anything
29:49
Suze: prepared for you, there's only one thing that we want
29:51
Suze: you to remember when it comes to your money, and
29:53
Suze: it is this people first, then money, then things. Now
29:58
Suze: you stay safe. All right, everybody, bye bye.