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Suze Orman Tells 47-Year-Old Caller: $200K Savings ‘Not Enough’ To Buy A House
In an episode of the podcast “Women and Money,” a 47-year-old caller asked Suze Orman if it’s too late for her to buy a home. Orman provided sound advice but ultimately told the caller, “It’s not enough” right now. Nicole, a single 47-year-old, is ready to stop renting and wants to own a home. She lives on Staten Island, where the average home price is $700,000. Nicole earns $195,000 annually and has about $200,000 in liquid savings, $1 million in retirement savings, and $30,000 in a non-retirem
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