Reported about 1 month ago
In a recent episode of the Women & Money podcast, Suze Orman advised a listener, a single mother with $1.5 million in retirement savings and a $12,000 monthly income, against marrying her partner due to their significant income disparity. Orman suggested alternatives to marriage such as trusts and beneficiary designations to protect assets without legal complexities. She encouraged the listener to reflect on her hesitation about marriage and to consider the potential implications on her adult children, emphasizing the importance of financial and emotional considerations before making such a significant decision.
Source: YAHOO