Suze Orman advises aiming for a $5 million retirement nest egg, emphasizing the need for caution amidst rising inflation that could impact living costs in the future. While $2 million may be more than enough for some, it falls short for others depending on personal financial circumstances. The article highlights the importance of preparing for potential inflationary increases, suggesting that whilst a $2 million nest egg may seem inadequate to some, it can still suffice depending on individual income and expenditure.
"While I think you could do quite well for yourself by listening to her advice, I do think she tends to be far more conservative..."
"Sure, a more-padded nest egg will pave the way for a far more comfortable, even lavish, retirement lifestyle."
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