Don’t Get Sucked Into the Negative News Cycle! (Hour 3)

The Ramsey Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.5 • 38.5K Ratings

🗓️ 14 February 2023

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Dr. John Delony & Jade Warshaw answer your questions and discuss: "Should I pull from my retirement and pay off my vehicles?", Americans are feeling worse about their money, "Leaving a pension to make more money elsewhere", from the blog: Why a 401(k) Is Better Than a Pension Plan, "I don't feel comfortable combining finances" Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Want a plan for your money? Find out where to start: https://bit.ly/3nInETX Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6 Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

Click on a timestamp to play from that location

0:00.0	?
0:05.2	Live from the headquarters of Ramsey Solutions broadcasting from the pods moving and
0:35.1	storage studio it's the Ramsey show where we help people build wealth do the work they love and create
0:42.7	actual amazing relationships give us a buzz at triple 8 825 5 2 2 5 I'm John
0:50.1	Deloney joined by my good friend Jade Warshaw and we have set this place on fire and we are
0:55.1	taking your calls on money life your mental health and your marriage whatever's going on we got
0:59.8	you triple 8 825 5 2 2 5 let's go out to Eric in Long Island New York what's up Eric
1:07.8	Hey John how are you hey Jade happy Valentine's Day what's going on how you doing my man what's happening
1:15.1	I'm so I have a question okay I'm retired I'm 53 years old my wife is 55 she still works I make
1:26.6	about a hundred thousand being retired and she makes about close to the same about 80 85 so my
1:37.4	whole life I've always saved put money into my 401s and everything like that right now I got
1:45.1	like 1.5 million in there she's got about a million maybe a little bit more in her so
1:52.0	between the two of us we get close to three million dollars in retirement funds we have two kids
1:58.8	our kids colleges are you know we saved up enough money for that I got about a hundred
2:04.1	thousand dollars in the bank right now I have two houses with mortgages and I have three
2:13.0	cars with car payment fortunately for me I can withdraw from my 401 is really not a 401
2:23.0	but similar what is it it's a 457 without penalty so you don't have to be a certain age no you
2:33.9	know I had to be 50 you before and I retaliate yeah you are the you are the poorest wealthy man I've
2:39.6	spoken to in a long time okay yes I love that I got three car payments that are kind of killing me
2:52.5	you know why why would you do this to yourself you're too smart you're a multi-millionaire yeah the
2:58.6	problem is not your car payments the problem is you keep choosing debt when you don't have to why
3:05.3	do you have two houses well once in rental I it's a positive thing no it's not it's taking your soul
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.