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Suze Orman: Delay Social Security

This is a news story, published by Yahoo Finance, that relates primarily to Suze Orman news.

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retirement savings

Moneywise

Moneywise

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Business

Business & Economics

Suze Orman once warned 'no decision is bigger' in retirement than this Social Security move

Moneywise

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69% Informative

Suze Orman says it's better to wait to max out your Social Security benefits and benefit your future older self in the long term.

Orman urges people approaching retirement to think deeply about the financial decisions that will benefit their future selves.

A study from life insurance company MassMutual found that 40% of Americans aged 55 to 65 believe Social Security will be their biggest source of income in retirement, ahead of 401(k) plans, investments, and pensions.

Suze Orman : "When it comes to real estate, you have to know more about it" Buying a property outright is a lot more difficult as mortgage rates continue to hover around the 7% mark and home prices remain high.

Investing in shares of real estate can be another avenue to help you grow your nest egg.

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