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Ramsey Everyday Millionaires

Is $3 Million Enough To Comfortably Retire On?

Ramsey Everyday Millionaires

Ramsey Network

Business, Careers, Investing

4.83.6K Ratings

🗓️ 30 August 2021

⏱️ 7 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, Christy Wright, 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.

0:14.2

Charles is with us in Austin, Texas.

0:16.3

Hi, Charles.

0:17.3

Welcome to the Ramsey show.

0:18.8

Hi Dave.

0:19.8

Thanks so much for taking my call.

0:21.8

Sure.

0:22.8

What's up?

0:23.8

So, I'm debt-free.

0:30.8

I have about $3 million and I'm curious if that's enough to comfortably retire.

0:38.0

It should be.

0:39.0

It's a lot of money.

0:40.4

Well done.

0:41.4

Thank you.

0:42.4

How old are you?

0:44.4

58.

0:45.4

Okay.

0:46.4

Well, we have to define comfortably and we have to define what you're going to do with

0:52.4

this money because obviously you're not stupid or you wouldn't have ended up with $3 million.

0:57.4

But if you suddenly grew stupid, you could get rid of the $3 million real quickly and

1:01.3

not retire, right?

...

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