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Ramsey Everyday Millionaires

How To Maximize Retirement Savings When You Have A 403(B)

Ramsey Everyday Millionaires

Ramsey Network

Investing, Careers, Business

4.63.6K Ratings

🗓️ 20 February 2023

⏱️ 6 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, George Kamel, Kristina Ellis, & Jade Warshaw. Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

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.

0:14.0

Steve starts off this hour in New York City.

0:16.3

Hi Steve, how are you?

0:17.3

Dave, how's it going?

0:18.7

Better than I deserve, man.

0:20.0

What's up?

0:21.0

Not too much.

0:22.0

I'm excited to talk to you.

0:23.0

This is my first time trying to call into the show.

0:25.0

I've been listening to you for about a year or so.

0:27.9

And I have a question.

0:29.5

Why we're here?

0:30.5

How can we help?

0:31.5

Wonderful.

0:32.5

So I am on step two.

0:34.4

I'm paying down my debt and looking ahead to the next stages of my story through the

0:41.7

baby steps here.

0:43.1

I am an educator.

0:45.8

And by the time I retire, based on my three best years salary, I will receive a pension

0:52.7

of 65% of my final salary, of my best final salary.

0:59.0

So when I get end, I've been investing in a 403B account, often on pretty much throughout

...

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