How Can I Catch Up on Retirement Later in Life?

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.6 • 3.6K Ratings

🗓️ 18 August 2023

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

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Summary

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, are disciplined and responsible! Featuring hosts from the Ramsey Network: Dave Ramsey, Ken Coleman, Rachel Cruze, John Delony, George Kamel & Jade Warshaw. Helpful Resources: Need Help with your investments? Click here to connect with a SmartVestor Pro. To learn more about how to plan for Retirement click here To learn more about Investing click here Create a college savings plan for your child’s future. Click here to connect with a SmartVestor Pro. Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0	This episode is sponsored by Smart Vestor.
0:07.2	Connect with an investing pro for free at RamseySolutions.com slash invest.
0:15.2	You're listening to Ramsey Everyday Millionaires, where we talk investing, retirement, building
0:19.7	wealth, and outrageous generosity.
0:22.8	Laurie is in Sacramento, California.
0:24.8	Hi Laurie, welcome to the Ramsey show.
0:27.0	Hi, it's great to talk to you guys today.
0:29.0	Thanks for taking my call.
0:30.4	Our pleasure.
0:31.2	I have, I'm working on baby step four, and I found myself a financial advisor, and I
0:37.8	know he's the right one because out of everybody I asked, he's the only one that agreed that
0:41.8	I have to pay off my house instead of investing more.
0:44.5	Okay.
0:45.5	He passed that first test.
0:47.3	My question for you is, I know that you have the four categories for investing.
0:53.4	I'm 61 years old.
0:54.8	Do we need to adjust that at all for my age?
0:57.9	I'm a little bit behind, so I tend to want to kind of go a little more aggressive to gain
1:05.0	more or should I just stick with the plan?
1:07.7	I would stay with those four if it was me.
1:11.8	My purse, I'm 63, my personal 401K is in exactly that.
1:16.7	It's in those four.
	...

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