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Ramsey Everyday Millionaires

Dave Exposes Crappy Life Insurance Products

Ramsey Everyday Millionaires

Ramsey Network

Business, Careers, Investing

4.83.6K Ratings

🗓️ 30 May 2025

⏱️ 9 minutes

🧾️ Download transcript

Summary

💵 Sign up for EveryDollar today - Create a free Budget!⁠   Listen to how ordinary people built extraordinary wealth - and how you can, too. You’ll learn how millionaires live on less than they make, avoid debt, invest, and are disciplined and responsible!   Next Steps: 💰Need help with your investments? Connect with a SmartVestor Pro: ⁠(⁠⁠SmartVestor Investing Professionals⁠ ) #PaidEndorsement   📝Get your free copy of Ramsey’s Complete Guide to Investing: (⁠Ramsey's Complete Guide to Investing⁠)   🏦Take a retirement assessment to find out how much you’ll need to retire: (⁠Retire Inspired with the R:IQ Retirement Assessment⁠)   📈See how much your investments could be worth over time with this handy calculator: (⁠Investment Calculator⁠)   🧑‍💻Explore free investing tools, articles and more on the Ramsey Investing Hub: (⁠Ramsey Investing Tools and Resources⁠)   Listen to more from Ramsey Network ⁠🎙️⁠⁠ The Ramsey Show⁠  🧠⁠ The Dr. John Delony Show⁠ ⁠🍸⁠⁠ Smart Money Happy Hour⁠ ⁠💡⁠⁠ The Rachel Cruze Show⁠ ⁠💰 ⁠⁠George Kamel⁠ ⁠🪑 ⁠⁠Front Row Seat with Ken Coleman⁠ ⁠📈⁠⁠ EntreLeadership⁠ ⁠💸⁠⁠ The Ramsey Show Highlights⁠   ⁠Learn more about your ad choices.⁠    ⁠Ramsey Solutions Privacy Policy⁠

Transcript

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0:00.0

This episode is brought to you by SmartVester.

0:08.0

Connect with an investing pro near you at ramsysolutions.com slash smartvester.

0:13.8

Lynn is in Columbus, Ohio.

0:16.0

Hi, Lynn.

0:16.5

How are you?

0:17.4

Hi, I'm so excited to talk to you.

0:20.4

Well, you too. How can we help? Well, I wrote in because

0:25.6

what started this questionnaire is I was talked into a flexible, premium, adjustable life.

0:36.0

I'm sorry.

0:39.1

I am too now.

0:48.5

I lost my husband about two and a half years ago, and we've always had money with Western and Southern, and I have another account.

0:52.7

I had my both of our 401 caseKs turned over into an IRA.

0:59.8

And I had to start pulling out.

1:02.8

And he said, you know, for tax purposes, I could put it into this.

1:09.4

And at that point, you know, I just put all my grandkids, which I have 12, and put them all

1:14.5

on it thinking that later on down the road.

1:17.8

Well, what made me a little upset is they send me a paper telling me where this money's

1:23.5

going.

1:24.8

And that's when I started looking into it.

1:27.2

I pulled you up on YouTube and did my

1:31.7

homework and you told me to get rid of it. And so I'm hoping, I'm at the process now of shutting

1:40.5

it off. You know, just from what you've taught me now that I've been watching YouTube and listening

...

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