4.8 • 3.6K Ratings
🗓️ 6 November 2024
⏱️ 8 minutes
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0:00.0 | Hey guys, this Christmas, we're giving away cash. So enter the Ramsey $5,000 Christmas cash giveaway |
0:05.8 | for your chance to win big this holiday season. Go to Ramsey Solutions.com slash giveaway to enter now. |
0:17.7 | Well, hey, you guys. So I was recently thinking about a specific group of people that I hear on the Ramsey |
0:22.8 | show a lot because we talk about retirement investing and how important it is and how you |
0:27.1 | need to be investing 15% of your income once you're debt-free and have a fully funded emergency |
0:32.2 | fund. |
0:33.2 | But I also really feel for people because we get calls, you know, with people in their 50s |
0:37.4 | or their 60s |
0:38.2 | and they have not saved anything for retirement. And in 2024, people that are in their 50s, 60s, |
0:45.5 | that's either a boomer or even Gen X. So today, I'm talking specifically to Gen X out there |
0:52.3 | and those above, so you boomers as well. But to figure out, |
0:55.5 | hey, is it still possible for you to retire? Because the truth is, it is, but it may look a |
1:01.0 | little different than what you think. And this also would apply if you are at the point where |
1:05.7 | you're not investing yet for retirement, and maybe you are a millennial or even a Gen Z |
1:09.8 | or out there. But I think it's important |
1:11.5 | to understand, hey, this is what the future looks like and you could learn a lot from that. So |
1:16.7 | be sure you guys to hit that subscribe button though before we jump in if you want to hear more |
1:20.6 | content like this. All right, step one, if you are a Gen Xer or a Baby Boomer when it comes |
1:25.9 | to retirement is knowing what your current situation |
1:28.4 | looks like. And I think this idea of retirement, if you don't feel like you have enough, |
1:34.0 | can be really scary. And what happens is fear can just magnify so much in our head. So getting |
1:38.6 | actual numbers down is really, really important. And some people don't even know. Like, |
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