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‘Radical savers’ shred trader for backing Suze Orman on needing $5M to retire

Jared Dillian, strategist at Mauldin Economics and former head of ETF trading at Lehman Bros., made a lot of good points in his recent take regarding retirement planning entitled, “The ‘radical saving’ trend is based on fantasy.”

But one thing he said really rattled Reddit’s “FIRE” board, where half a million subscribers gather to share their thoughts on the “financial independence, retire early” strategy that’s become a hot-button topic for millennials.

Here’s what set them off:

‘Suze Orman was criticized as being elitist and out-of-touch for suggesting that you might need $5 million to $10 million to retire at 35.

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