How Should I Invest So I Don’t Run Out of Money in Retirement?

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.6 • 3.6K Ratings

🗓️ 30 March 2026

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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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? Connect with a SmartVestor Pro:⁠ ⁠⁠⁠⁠⁠(⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠SmartVestor Investing Professionals⁠⁠⁠⁠⁠⁠) #PaidEndorsement 📝Get your free copy of Ramsey’s Complete Guide to Investing: (⁠⁠⁠⁠⁠⁠Ramsey's Complete Guide to Investing⁠⁠⁠⁠⁠⁠) 🏦Take a retirement assessment to find out how much you’ll need to retire: (⁠⁠⁠⁠⁠⁠Retire Inspired with the R:IQ Retirement Assessment⁠⁠⁠⁠⁠⁠) 📈See how much your investments could be worth over time with this handy calculator: (⁠⁠⁠⁠⁠⁠Investment Calculator⁠⁠⁠⁠⁠⁠) 🧑‍💻Explore free investing tools, articles and more on the Ramsey Investing Hub: (⁠⁠⁠⁠⁠⁠Ramsey Investing Tools and Resources⁠⁠⁠⁠⁠⁠) Listen to more from Ramsey Network: 🎙️ The Ramsey Show 💸 The Ramsey Show Highlights 🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💰 George Kamel 🪑 Front Row Seat with Ken Coleman 📈 EntreLeadership Ramsey Solutions Privacy Policy

Transcript

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0:00.0	This episode is brought to you by SmartVestor.
0:07.0	Connect with an investing pro near you at Ramsey Solutions.com slash SmartVester.
0:13.0	Diane is in Chicago.
0:15.0	Hey, Diane, how are you?
0:17.0	Hi, I'm doing well. How are you?
0:19.0	Better than I deserve. What's up? Oh, yeah, same here. Well, I thank you for taking my call.
0:24.6	I currently have quite a bit of money in the banks, I feel.
0:30.6	And I am thinking about my retirement, and I'd like to know how best I should invest it in order to make it last through retirement.
0:40.1	How much is it?
0:42.2	So I have $600,000 in the bank.
0:44.8	Wow.
0:45.6	And debt free.
0:48.4	I have just $250,000 in retirement, which I don't know what to do with because it's been with a payroll service since we don't know our own business.
0:59.0	And it's just been sitting there.
1:00.0	I don't know what to do with it.
1:01.2	I know nothing about it.
1:02.1	I wasn't actively involved in our business.
1:04.5	I stayed home and took care of our kids, raised them, and had decided to go into my own franchise.
1:11.9	And so I know that I will be using some of that money for the franchise.
1:15.9	But I don't know that just sitting in a bank is the best place for it.
1:21.2	How old are you?
1:23.0	57.
	...

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