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The Ramsey Show Highlights

I Don't Recommend This As a Life Decision

The Ramsey Show Highlights

Ramsey Network

Investing, Self-improvement, Education, Business

4.5840 Ratings

🗓️ 15 April 2026

⏱️ 9 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

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0:06.0

I'm calling to find out if our plan is possible. My fiance and I want to retire within the next five to seven years.

0:15.0

I'm 42, she's 45, and we'd like to retire early.

0:20.0

What are you going to do with the rest of your life?

0:23.5

Travel.

0:26.1

We like to travel.

0:27.9

We do a lot of travel and now and that's the plan.

0:31.0

We have an RV now.

0:35.1

You know, that's...

0:36.6

So for 40 years as long as you've already been alive you're going to travel I like to travel too but my God son you're going to do nothing for the next 30 years, but travel?

0:55.7

Until we get bored of traveling.

1:02.6

I can't, I don't recommend that as a life decision.

1:06.4

I don't think that's going to make you as happy as you think it is.

1:10.3

Now, if you want to travel a lot while you have something that you actually do that contributes to your life and contributes to things, that's fine too. But I wouldn't do nothing but travel unless you said I'm going to do that for two years or something like that. That's fine. But to have that to be your only plan for 30 years is pretty shallow. And I can't recommend that. I don't think it's going to make you as happy as you think it is that I'm just going to tell you anyway let's

1:30.6

answer your question anyway about your numbers so your fiancee when are you

1:35.5

getting married that's probably within the next year okay got that tacked down

1:42.9

not at all okay Okay. And how much do you have saved?

1:51.0

So I have 45,000 in my 401. I've got 10,000 in a high yield savings, 10,000 a brokerage account,

1:59.9

I've got 50,000 in cash, I've got $50,000 in cash.

2:02.4

I've got a rental property that's paid off.

2:05.5

Right now I only have about $45,000 in debt.

2:11.0

What does the rental property produce?

...

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