Suze Orman says if you want to make a lot of money ... do this

Suze Orman emphasizes the simplicity of achieving financial success, stating that anyone can become wealthy by opening a retirement account and investing in an S&P 500 index fund.

According to Orman, retirement accounts like IRAs and 401(k)s are crucial for building wealth, as they offer tax breaks that significantly enhance your investment capacity and long-term growth.

Orman highlights the power of tax savings, stating that a $1,000 contribution to a traditional 401(k) or IRA effectively costs you only $780 due to tax benefits, thus accelerating wealth accumulation.

The S&P 500 is described by Orman as a key investment choice, equated with the overall stock market's performance, making it a wise decision for retirement investments.

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