Suze Orman's Women & Money (And Everyone Smart Enough To Listen) Ask KT & Suze Anything: Revisiting Can I Afford to Have a Baby?
Mar 27, 2025
Dive into financial insights as Suze tackles listener questions on RMDs and Roth conversions, revealing long-term benefits. Explore Mike's journey from debt to an impressive $6 million retirement fund, showcasing achievable wealth-building. Get the scoop on new RMD laws and the importance of early planning. Plus, find out whether investing in art and wine is a smart move or just a luxury. With practical advice and personal anecdotes, this discussion aims to transform your financial future!
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Roth Conversion over Brokerage
- Prioritize Roth conversions for tax-free growth, especially with a hefty traditional balance.
- Consult a CPA for personalized advice.
Shift in Financial Questions
- Suze observes a shift in listener questions from debt and financial struggles to managing significant wealth.
- This reflects the success of her long-term financial advice.
Early Roth Conversions
- Start Roth conversions early, even before the RMD age of 75 (or 73).
- This minimizes future RMDs and maximizes tax-free growth.