"There's this new advice out there that 70 is the new retirement age. That is ridiculous," he tells CNBC Make It. "First of all, the life expectancy for men is 76. You want to retire at 70 and have six years left to retire? Ladies, for you, it's 81. You want 11 years in retirement?"
He's responding to an idea popularized by personal finance maven Suze Orman, who, in 2017, wrote on Money: "70 is the new retirement age — not a month or year before." Orman then reiterated that advice to CNBC Make It: Don't retire, or claim Social Security, until you turn 70.