I’m 58 And Have Nothing In Retirement

The Ramsey Show Highlights

Ramsey Network

Business, Education, Investing, Self-improvement

4.5 • 839 Ratings

🗓️ 27 August 2024

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

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Transcript

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0:00.0	Brought to you by the Every Dollar app. Start budgeting for free today.
0:06.0	So I'm a 50 year old, 58 year old single guy.
0:10.0	Uh, getting tired of working. I'm trying to get the retirement, but I don't have really anything saved.
0:17.0	I need to know how I should, what I should do to get there.
0:22.5	Okay.
0:23.9	What do you make?
0:26.1	75.
0:27.2	What do you do?
0:30.0	I'm a trim carpenter.
0:33.8	I trim high-end houses and build some custom cabinets as well.
0:34.5	Okay.
0:35.4	Do you have any debt? I've got about $25,000 worth of a mortgage and $20,000 order loan.
0:44.6	Okay.
0:45.2	Good.
0:45.9	Okay.
0:47.3	All right.
0:49.8	Why have you saved no money?
0:53.3	I was married to a spender, and at the age of 50, got divorced, and I walked away with
1:02.6	$0.
1:03.9	That was eight years ago.
1:05.8	Why have you saved no money in the last eight years?
1:10.3	Well, getting back on my feet, I ended up buying a house.
	...

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