Is It Too Late for Us To Save for Retirement?

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.6 • 3.6K Ratings

🗓️ 9 February 2024

⏱️ 4 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, Rachel Cruze, John Delony, George Kamel & Jade Warshaw. Helpful Resources: Need Help with your investments? Click here to connect with a SmartVestor Pro. To learn more about how to plan for Retirement click here To learn more about Investing click here Create a college savings plan for your child’s future. Click here to connect with a SmartVestor Pro. Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

Click on a timestamp to play from that location

0:00.0	This episode is sponsored by SmartVester. Connect with an investing pro for free at Ramsey Solutions.
0:11.0	Com slash invest.
0:22.0	You're listening to Ramsey everyday millionaires where we talk investing, retirement, building wealth and outrageous generosity. Adrian is in Detroit.
0:24.0	Hi Adrian, welcome to the Ramsey Show.
0:27.0	Hi, thanks for having me.
0:29.0	Sure, what's up?
0:30.0	So I am 33 and my husband is 35 and we are still working on baby stuff too so we have
0:37.1	zero dollars in retirement and it like keeps me up at night. I don't know if we're too far behind.
0:44.8	You're 30 times?
0:47.2	I know, but we still have 14,000 in student loans.
0:50.8	I was bankrupt at 28. You're not too far behind. Okay. Okay. I'm glad you're a little
0:56.4	worried because it's going to motivate you to not be a stupid American consumer
1:01.6	and you're going to get out of debt and save money.
1:05.0	That's a good motivation for the fear, but I don't want you anxiety written that this is not possible.
1:09.5	Hopeless that this is not possible.
1:10.7	You should retire with several million dollars. What do you all make?
1:13.7	Okay. We make 97 with our like salary full-time job, but then we also do side hustles.
1:20.4	And you have how much your student loan debt? Well, we've paid off $158,000 in debt so far.
1:28.0	We have $14,000 left.
1:29.0	Amazing.
1:30.0	How long did that take?
1:31.0	Oh, well, we've done the Ramsey plan for a little less than two years.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.