How Do I Start Saving for an Early Retirement?

Ramsey Everyday Millionaires

Ramsey Network

Investing, Careers, Business

4.6 • 3.6K Ratings

🗓️ 24 January 2022

⏱️ 9 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, Christy Wright, Rachel Cruze, John Delony, and George Kamel.

Transcript

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0:00.0	You're listening to Ramsey everyday millionaires, where we talk retirement, building wealth,
0:10.5	and outrageous generosity.
0:13.8	Alex is in Houston, Texas.
0:15.4	Hey Alex, what's up?
0:17.0	Hey, nothing much Dave and John.
0:19.8	Hey, so I haven't got this question that I haven't been able to find a good answer to.
0:23.8	Essentially, it has to do with early retirement and how best the fund that the mutual funds
0:32.0	or however that looks as to be able to access it when you're 50-55.
0:37.6	Oh, so you need an income prior to the $59.5 to be able to cash out your other stuff?
0:43.2	Yes, sir.
0:44.2	Got you.
0:45.2	Okay, how old are you now?
0:47.2	I'm 26 right now.
0:49.5	Okay.
0:50.5	And so you are debt-free?
0:54.7	Debt-free.
0:56.2	Currently, cash-loan-mov-life-college, but trying to get a few things lined up once that's
1:02.3	over and kind of hit the ground running.
1:04.7	Okay.
1:05.7	Well, my point is I want you to work the baby steps before you worry about the answer to
1:10.2	this question so that this discussion is fine to have, but I want it to be a little bit
1:15.4	theoretical for right now, okay?
	...

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