How Do I Not End Up in a Nursing Home?

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 1 June 2024

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

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Summary

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Transcript

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0:00.0	Brought to you by the Every Dollar app. Start budgeting for free today. I am 69 and a half years old.
0:09.7	I am single, unexpected divorce 10 years ago. I went for a career change from full-time ministry to be in a
0:18.4	registered nurse, and I want to know how to plan for my retirement.
0:27.1	Okay.
0:27.9	All right.
0:28.3	So now you're a nurse these days?
0:30.8	Yes, sir.
0:31.7	Okay.
0:32.2	Cool.
0:32.3	When did you make that transition?
0:35.4	Uh, four, finished nurse school four years ago. Wow. Cool. Interesting. Good for you. Okay. So what's your, four, you, finished school four years ago.
0:37.8	Wow.
0:38.1	Cool.
0:38.6	Interesting.
0:39.2	Good for you.
0:40.2	Okay.
0:40.5	So what's your, uh, what's your financial situation?
0:43.0	What's your money you got saved?
0:45.4	Okay.
0:46.6	Uh, through divorce, lost all, all our saved assets.
0:50.3	I was married to someone a little bit younger, and our plan was to, you know, I retire first.
0:56.2	She keeps working, and we can be generous and give and take care of our children, build a nest egg by mortgage.
	...

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