Is Bitcoin a Good Investment for Retirement? What Experts Recommend

Suze Orman, Clark Howard, and Dave Ramsey all have opinions on whether retirees should hold Bitcoin, and they do not fully agree. The answer depends on one factor most retirees overlook when they first consider adding crypto to their portfolio.

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When it comes to whether Bitcoin (CRYPTO:BTC) is a wise investment for retirement, financial experts Suze Orman, Clark Howard, and the hosts of The Ramsey Show offer differing opinions. However, they all agree on one key principle: retirees should only invest money they can afford to lose.

This advice holds particular significance in September 2026. Bitcoin is trading at around $83,355 after a 44% rise over the last three months. Yet it’s still down 25% year over year and about 34% below its all-time high of $126,080 in October 2025. With such volatility, should retirees consider putting their hard-earned savings into Bitcoin?

What Suze Orman, Clark Howard and Dave Ramsey Say About Bitcoin

In an October 2022 episode of The Ramsey Show, a 72-year-old caller named Maggie expressed her desire to cash out her portfolio for cryptocurrency. Dave Ramsey cautioned her, stating that the crypto market is “a lot darker than the stock market,” and emphasized the risks involved.