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Suze Orman says you need $5 million to retire — which is nonsense

Mitch Tuchman
Suze Orman says you need $5 million to retire — which is nonsense

Author and personal-finance guru Suze Orman ruffled a lot of feathers in a recent podcast, saying that people need $5 million — maybe even $10 million — in order to retire. Orman was responding to a question about the “financial independence, retire early,” or “FIRE,” movement, a growing online trend in which people in their 30s or younger just stop working. Orman says fuhgeddaboudit.