Is a Roth 401(k) Better Than a Roth IRA?

Ramsey Everyday Millionaires

Ramsey Network

Business, Careers, Investing

4.8 • 3.6K Ratings

🗓️ 19 July 2021

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

🧾️ 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, Anthony ONeal and John Delony.

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	Jennifer is in Washington, DC to start off this hour.
0:17.0	Hi Jennifer, how are you?
0:19.0	I'm doing great Dave.
0:20.9	Thank you so much for taking my call today.
0:23.0	Our pleasure.
0:24.0	How can we help?
0:25.0	First of all, oh yeah, so I want to thank you guys, number one for everything you do.
0:29.0	Awesome, I just love your show and I've been listening for a couple of years kind of often
0:33.3	on.
0:34.3	I wish I knew about you 20 years ago.
0:36.3	But hey, at least I do now and I'm doing better.
0:39.1	So right now, so I'm 47, my husband's 54, we're both working full time.
0:44.6	We owe right now about 377,000 on our house.
0:49.8	We have no other debt, so we have everything else is paid.
0:53.3	We do are putting 15% for retirement.
0:57.1	We do have a good amount in our 529 for our two kids, we have a 19 year old and a six year
1:02.5	old.
1:03.5	Wonderful.
1:04.5	So we have about 70 grand for the 19 year old and about 20 so far for the six year old.
1:09.3	It's been pretty well.
	...

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