How Do We Prepare for Early Retirement?

Ramsey Everyday Millionaires

Ramsey Network

Investing, Careers, Business

4.6 • 3.6K Ratings

🗓️ 1 May 2024

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

🧾️ 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

Click on a timestamp to play from that location

0:00.0	This episode is sponsored by SmartVester. Connect with an investing pro for free at Ramsey Solutions.
0:11.0	Com slash invest.
0:22.0	You're listening to Ramsey everyday millionaires where we talk investing, retirement, building wealth and outrageous generosity. Kiley's in Augusta.
0:24.0	Hi, Kiley, welcome to the Ramsey Show.
0:26.0	Hello, thank you for having me.
0:29.0	Sure, what's up?
0:30.0	I have a question for you. I am 35 years old. My husband will be 40 in August and we are
0:40.3	active duty military family. He is the active spouse. I stay at home with our kids. But I was
0:48.8	active duty for five years and left to stay at home and raise our kids. He is looking at retiring. We want to
0:56.4	retire or at least stabilize by the time my oldest is in high school and he is in
1:02.2	sixth grade right now. So within the next five
1:04.3	years we're looking at leaving all of this behind and so I need, I'm panicking because...
1:15.0	Well, he has his 20 year mark at that point?
1:18.0	Yes, he will be passed his 20 year mark.
1:20.0	He'll be at 24.
1:22.0	Okay. And you didn't quite get to 20, did you?
1:25.4	No, uh-uh, I did not.
1:27.2	Well, thanks to both of you for your service.
1:29.0	So you're both gonna have military retirement.
1:31.8	Obviously, his is to be substantial in those
1:34.6	situations. So when you say retire, what do you mean he's going to do nothing?
1:40.3	Well I would like for him to do nothing and I would like to take up the
	...

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.