You Need to Know This RIGHT NOW About The Debt Ceiling (Secure Your Money Now)|Suze Orman|Retirement

by | Feb 9, 2023 | Backdoor Roth IRA

You Need to Know This RIGHT NOW About The Debt Ceiling (Secure Your Money Now)|Suze Orman|Retirement




You Need to Know This RIGHT NOW About The Debt Ceiling (Secure Your Money Now) SuzeOrman | retirement planning | Financial advice

On today’s episode, Suze walks us through fears we may have about the US Debt Ceiling and gives an update on an opportunity to secure our money.

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The debt ceiling is an issue that affects everyone, but especially those who are close to retirement. With the U.S. government nearing its limit on borrowing, it is essential that you take steps to secure your money now. Financial expert Suze Orman has some advice on how to protect your retirement funds in the face of the debt ceiling.

First, you should make sure you have a diversified portfolio of investments. This means having a mix of stocks, bonds, and cash. This will help protect your money from any market volatility that may result from the debt ceiling.

Second, you should look into purchasing annuities. Annuities are a form of insurance that provide a steady stream of income for retirees. This can help cushion the blow of any potential market downturns.

Third, you should consider investing in gold and other precious metals. Gold is a safe haven asset that can help protect your retirement funds from any market volatility.

Finally, you should make sure you are aware of the impact of the debt ceiling on Social Security. Social Security is a major source of retirement income for many Americans, and it could be affected by the debt ceiling. Make sure you know how your Social Security benefits could be affected and plan accordingly.

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By taking the steps outlined above, you can help protect your retirement funds from the potential impacts of the debt ceiling. Suze Orman is a trusted financial advisor and her advice should be taken seriously. Secure your money now and protect your retirement funds with the advice of Suze Orman.

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U.S. National Debt

The current U.S. national debt:
$35,943,554,220,297

Source

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