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Ramsey Everyday Millionaires

How Do We Split Up Our 15% Investing?

Ramsey Everyday Millionaires

Ramsey Network

Investing, Careers, Business

4.63.6K Ratings

🗓️ 28 September 2022

⏱️ 4 minutes

🧾️ Download transcript

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, 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.

0:14.1

Josh is in Louisville.

0:15.1

Hi Josh, how are you?

0:16.1

I'm doing well about you all.

0:18.2

Better than we deserve.

0:19.4

What's up?

0:20.4

Awesome.

0:21.4

Yeah, so I've got an interesting question for you guys.

0:24.8

My fiance and I just recently got engaged and are beginning to think about and kind

0:29.4

of plan for our marriage.

0:32.0

I know that you all typically recommend 15% of your income being invested.

0:37.9

As it stands right now, each of us will get about 5% match from our companies and they

0:43.5

do both have a Roth option.

0:46.6

Would you all recommend once we get married that we throw 5% into each of our company's

0:52.4

Roth and then 5% into another Roth or throw 7.5% of each of our incomes into each of

1:02.9

our companies for one case.

1:06.1

Good question.

1:07.1

Let me clarify.

1:08.1

You're saying you will be debt-free when you're married?

1:10.5

Correct.

1:11.5

Yeah, neither of us have any debt.

...

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