Real estate is “over the top,” Orman says, and most retirees don’t have the security of a pension any more.Īnd Orman was no longer a 45-year-old telling 65-year-olds what to do with their money. For starters, interest rates are at record lows, so it’s much harder to buy bonds and live off their yield. “The advice that I gave you 20 years ago doesn’t hold up today,” she says. The economic landscape had changed, and so had she. “When I say we fish for eight to 12 hours a day, I'm not kidding.”Īs content as she was, Orman realized she wasn’t done dispensing financial advice. The two became serious fisherwomen, reeling in 40-pound wahoos and winning tournaments. She moved to a private island in the Caribbean with her wife, KT. Orman did find happiness, in a most unexpected place. “One day I shut everything down,” she tells Money. The certified financial planner and television personality wondered if she would be happy out of the spotlight, and rather than ease into retirement, she decided to find out right away. Suze Orman was nearing 65 when she pulled the plug - literally - on her high-profile career.
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