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Ramsey Everyday Millionaires

How Do We Balance Gazelle Intensity With Our Retirement Goals?

Ramsey Everyday Millionaires

Ramsey Network

Business, Careers, Investing

4.83.6K Ratings

🗓️ 11 November 2024

⏱️ 10 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? 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. Listen to more from Ramsey Network 🎙️ The Ramsey Show   🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership 💸 The Ramsey Show Highlights 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 SmartVester. Connect with an investing pro for free at ramsysolutions.com

0:10.6

slash invest.

0:14.6

You're listening to Ramsey Everyday Millionaires, where we talk investing, retirement, building wealth, and outrageous generosity.

0:23.0

Caitlin's in Washington, D.C. Hi, Caitlin. How are you?

0:27.2

Hi, Dave. Hi, Rachel. How are you doing? Better than we deserve. What's up in your world?

0:31.9

So my husband is active duty air force. We've been in 17 years, and we're in the last

0:37.1

hall here before he retires. And we were a bit late to the Air Force. He's been in 17 years and we're in the last hall here before he

0:38.8

retires. And we were a bit late to the game with investing and all of that. And he has about

0:44.4

$50,000 in his 401 or his raw. And we are in Baby Step 3 now. We pause that and got

0:51.1

through our baby steps and we're going to be done with baby step three in

0:55.0

February.

0:55.7

My question is...

0:57.0

How old are you?

0:57.5

Thank you.

0:59.1

I'm 37.

1:00.0

He's 44.

1:00.8

Thanks for your service, by the way.

1:02.3

Okay.

1:02.9

And your questions, what?

1:03.8

Thank you.

1:04.7

The question is, should we stay in order, we're trying to come up with, can we hit

1:10.1

100K in his Roth before he

...

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