Suze School: The Right Pension Option
Suze Orman's Women & Money (And Everyone Smart Enough To Listen)
Suze Orman Media
4.8 • 4.2K Ratings
🗓️ 23 July 2023
⏱️ 27 minutes
🧾️ Download transcript
Summary
Today’s Suze School is a lesson on choosing the right joint and survivor benefit pension option for you and your spouse. Remember to think of all the potential things that can happen after you retire. You’ll want to make sure your spouse is provided for.
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Transcript
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| 0:00.0 | Okay, Susie, are you ready for today's podcast? |
| 0:02.8 | Oh, you bet I am, because I'm unstoppable. |
| 0:06.0 | I'm unstoppable. I'm a burden with no breaks. I'm invincible. |
| 0:14.0 | Then I would never single day. Mines of powerful. |
| 0:20.0 | I don't need batteries to play. I'm so confident. |
| 0:25.0 | I'm unstoppable today. July 23rd, 2023. |
| 0:35.0 | Susie, oh, here. And you are all listening to the women and money podcast, as well as everybody's smart enough to listen. |
| 0:42.0 | And yes, yes, yes, we had a magnificent KT birthday a few days ago. |
| 0:50.0 | I posted pictures on the women and money app, just a few so you can see. |
| 0:56.0 | But she had an absolutely great time. And so did her sister Lynn, who's her twin sister, by the way. |
| 1:04.0 | Can you imagine? I have two of them. Oh, my God, two KTs kind of. |
| 1:09.0 | Now before we begin Susie school, just want to say happy birthday, Laurie Sellingman, who I love so very, very much. |
| 1:18.0 | And also kind of like my son in a strange way, Alex Exela. |
| 1:24.0 | Happy birthday tomorrow, you two have a great one. |
| 1:29.0 | All right. So this next week coming up, the feds, the committee starts to meet to decide are they going to raise the fed funds rate, or are they not? |
| 1:43.0 | Their decision will be made on July 26th of next week at 2 p.m. East Coast time. |
| 1:50.0 | So we'll see if the FOMC has raised the short term fed funds rate as they have 10 consecutive times before. |
| 1:59.0 | Okay. And then we'll see what happens with the stock market and everything else. |
| 2:04.0 | I will bet that they will raise it by 25 basis points, which means our interest rates for you may go up even higher. |
| 2:14.0 | We shall see. Now KT mentioned last week on the assuzzi and KT anything that she loves teachers. |
| 2:24.0 | And there are so, so many teachers out there. And today, one of the occupations that still get a pension when they retire happens to be teachers. |
| 2:39.0 | Maybe you remember years and years ago when you worked for a corporation, after 20 or 30 years of working for them and then you retired, they gave you a monthly pension. |
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