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What the Hell is Suze Orman Smoking?

Two million dollars is “pennies” according to the finance guru.

Dean Brooks
3 min readMay 18, 2024
“Suze Orman.” Created by author with Midjourney.

Did you know you need anywhere from $5 million to $10 million to comfortably retire early? That’s according to Suze Orman, who spoke on the “Afford Anything” podcast.

She goes on to say:

“If you have $20 [million], $40 [million], $50 [million] or $100 million, be like me, okay. If you have that kind of money and you want to retire, fine.”

To which I have to politely ask of the lady with the ultimate “Can I speak to the manager?” haircut, what the hell is she smoking?

$20 million to retire early???

Are we retiring in a downtown Manhattan loft with a personal limo chauffeur service and a live-in butler named Yeevis? Are we settling down for the golden years in a gated mansion in Beverly Hills, with a private helicopter pad to avoid downtown rush hour traffic?

You have to be in the top 1% of wealth to buy a cheap condo in Tampa, FL and play shuffleboard in a pair of loafers? What kind of unexpected expenses might a senior citizen run into that they’d NEED $20 million plus for? A full T-Rex skeleton that’s suddenly become available on the black market? A Blue Origin trip to the moon? A cybernetic sex robot? A 24K gold toilet?

“A retirement necessity.” Made with Midjourney by the author.

Statistically, the bottom 99% cannot achieve $10 million or more by retirement. So Orman is basically saying to work until you die.

My issue here is not about working hard to become wealthy. Nor is this about hating the rich. I’m all about grinding to become Mr. Monopoly.

What I’m not about though is what I’d call toxic wealth accumulation due to uncertainty paranoia. A mindset rooted in chronic anxiety. Making money and building wealth should be an empowering process. Not one you do out of fear the sky is going to fall on you if you don’t have “enough.”

Interestingly, some in the finance community agree with Orman. The Yahoo Finance articles states:

This idea resonates with a segment of the…

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Dean Brooks
Dean Brooks

Written by Dean Brooks

Novelist. I write about anything and I'm right about everything.

Responses (47)

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Retired Investment Banker here, ANY article that doesn’t discuss your costs but tells you how much you need to retire is idiotic

It is just worth pointing out here that a lot of Europeans retire in great comfort on something like $200,000, plus they also worked their lives in greater comfort plus they retired at 60 (Hello! This Is starting to change in countries that elected…

Enjoy life, there is no guarantee that you will live to reach and or enjoy retirement.
Live in the moment I say.