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Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

Ask Suze Anything: October 24, 2019

Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

Suze Orman Media

Investing, Business

4.84.2K Ratings

🗓️ 24 October 2019

⏱️ 39 minutes

🧾️ Download transcript

Summary

In this Ask Suze Anything episode, we hear questions from Women & Money listeners Brenda, Kara E, Tiffany, Nikki, R.K., Cindy, and Gladys. They ask:

  • Should I cash out my 401(k) from an old job and pay down my HELOC?
  • How do I transfer my previous contributions to my Roth 401(k)?
  • What is the best way to save for an eight-month emergency fund?
  • My husband’s bank “made” me close my personal accounts and combine with my husband. I am concerned that if after he leaves me, how can I afford to start over?
  • How can I avoid paying short and long term capital gains tax on standard equity trades?
  • Can you give me a step-by-step beginner's guide to investing?
  • Can I really expect $6,000 a month for healthcare in retirement? The online calculator I used tells me this is the case.
  • I am close to paying off my mortgage and have no debt. How can I accelerate saving for retirement?

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    Transcript

    Click on a timestamp to play from that location

    0:00.0

    Hey, everybody. I want you all to take advantage of the incredible interest rates that a

    0:05.7

    Lyon Credit Union is currently offering 4.5% for a three-month certificate, 4.75% for a six-month

    0:15.2

    certificate. But best of all, in my opinion, is 5% for a one-year certificate of deposit.

    0:24.4

    You can also purchase these in a retirement account. So go to my alliance,

    0:30.7

    ALLIANT.com slash ultimate and check it out now.

    1:00.7

    We are strong, we are wise, together we will rise.

    1:12.4

    There, it's Susie O'Haren. Welcome to another Ask Susie Anything. This is where you write in.

    1:20.0

    You ask a question if it's chosen. I will answer it on this podcast to do so. Just send in your

    1:27.7

    questions too. Ask Susie, Sussie, E-Podcast at gmail.com. I learned a very good lesson today.

    1:37.2

    I want to hear what it is. Do not eat peanut butter, actually it was almond butter. Actually, it was

    1:44.8

    fabulous. Oh, I don't even know what kind of butter it was, but it was great. But don't eat that

    1:51.0

    before you're about to do a podcast. It just gets stuck in your teeth at the top of your mouth.

    1:57.4

    And here I am now having to do a podcast with some kind of butter, not butter in my mouth anyway.

    2:06.3

    Another thing I want to say is that on November 10th, I'm going to be doing something that I've

    2:13.7

    actually never done before in my entire life. And I'm going to be teaching a class in Santa Monica,

    2:22.0

    California, called the nine steps to financial independence. And it will take place at about one

    2:32.0

    to six p.m. at the broad stage in Santa Monica at Santa Monica College, performing arts center,

    2:40.4

    which is at one three one oh eleven street in Santa Monica. And we will be taping it because I'm

    2:48.4

    going to be making a class out of this so that everybody can take it. But I will be personally

    2:55.7

    teaching it. And there will only be about two or three hundred people students. So to speak that

    3:01.2

    will be allowed because I want to be able to interact with every single one of you. So if you are

    3:08.2

    interested in attending tickets are $54. I actually think that's a cheap price to pay

    ...

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