Reported 4 months ago
In a podcast episode of 'Women and Money,' Suze Orman advised a 47-year-old caller named Nicole who wants to buy a home in Staten Island with $200,000 in liquid savings and $1 million in retirement. Orman expressed that Nicole's savings were insufficient for a $700,000 home, suggesting she wait and consider her options wisely, emphasizing the importance of financial security before making major commitments. Orman recommended Nicole continue renting and consult a financial advisor for future decisions.
Source: YAHOO