Financial guru David Ramsey recommends six months living expenses as the ideal, while Suze Orman recommends up to eight months, because that’s the average time of unemployment after a job loss. Three, six or eight months, we all need to know – how do we make it happen? Here are some tips and tricks to get you started.
Suze Orman's Retirement Plan for Stay-at-Home Moms || If you and your partner decide that you'll be the stay-at-home parent, your partner's income needs to pay for both of your retirements. Suze looks at the options for stay-at-home parents, including Social Security and spousal IRAs.
1. Create a revocable living trust. , you can then hire a lawyer for an hour or so to review the documents and make sure they address all your needs. Read more: http://www.oprah.com/money/Estate-Planning-Advice-How-to-Make-a-Will-Suze-Orman-Advice#ixzz2HFuGqyFA