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Live from the headquarters of RANSI Solutions, broadcasting from the pods, moving and storage.

Studio, this is the RANSI show where we help you win in your life, specifically your money,

your work and your relationships.

The phone number to jump in is AAA8255225, AAA825225, I'm Ken Coleman and joined in studio by my colleague and RANSI personality, Christina Ellison.

Christina, this is our first time in our little duet here, so this is very exciting.

Yes. Are you ready to sing? I'm kidding. I'm kidding. No singing today.

I don't know about that. I- Yeah, no. I couldn't do it if I tried because my voice is trash from allergies.

And I might have gone to a piano bar at our Austin event last week and sang too loud, and I don't know if it's recovered since.

I- I might have. I know. I- I am so sad I missed that.

Yeah, well believe me. We're gonna need a repeat, though.

Oh, boy. Well, let's get to it. The phone number, as I said, is AAA8255225, Brioll joins us in Sarasota, Florida, Brioll. How can we help?

Hi, so I'm newly wed. I'm 25. My husband is turning 28 this year, and we recently bought a house. We owe 400,000 on it.

We make gross 150,000 a year, and I have a very large stretch goal of paying off our house in about five years by the time I'm 30.

So I wanted to get your opinion on if you think it's okay if we were to pause contributing and maxing out our lost IRAs so that we could put that money towards our mortgage and pay off our house within our goals.

Well, I love this goal. I love that you guys are so excited to pay off your house by 30. That is so, so exciting.

But I am wondering, so would that be pausing all retirement? You wouldn't be contributing anything. You would just be putting everything on the house.

Correct. So currently I have about 55,000 in a lost IRA, and my husband has several thousands in his lost IRA, and we don't have 401k. We just currently contribute to a lost IRAs. So we would be stopping that.

Okay, well, I can see the temptation, and it's like, I don't want to kill your motivation because that's super exciting that you're stoked about it. But we have the baby steps in order for a reason.

So retirement is going to come someday, even though it seems far out at 25 years old, but the beautiful thing about investing for retirement right now is it's going to build compound interest over time.

And it is just amazing when you look at the retirement calculators, and you see if you save aggressively in your 20s, what that's going to be in 25 years, that is amazing.

And the house is great, but we also want this money growing at the same time. So I would not say to pause your retirement, I would keep investing 15% like baby step four, you know, doing the baby steps in order and trusting the process.

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