My Company Doesn’t Offer a 401(k)—How Do I Invest for Retirement?

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.6 • 3.6K Ratings

🗓️ 3 September 2025

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

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Transcript

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0:00.0	This episode is brought to you by SmartVester.
0:08.0	Connect with an investing pro near you at ramsysolutions.com slash smartvester.
0:13.8	Nick is in Dayton, Ohio.
0:16.5	Hi, Nick.
0:16.9	How are you today?
0:19.1	Better than I deserve.
0:20.4	What's up?
0:23.0	So I work for a small company. Pays really, really well, but Fortune Sided doesn't have any 401k, no investing,
0:30.2	anything like that. And I'm just, so last Halloween, my mother passed away and she literally had nothing.
0:36.9	And I just, when that day inevitably comes for me, I don't want my kids to have to go through that.
0:43.0	Amen.
0:43.4	You know, financing it and everything like that.
0:45.7	Yeah.
0:46.2	I'm sorry.
0:47.1	Thank you.
0:48.3	And I'm just, what would you recommend?
0:51.3	I have a general idea on how everything everything works but what do you think would
0:56.3	be the best bet for are you married yes married two kids okay you can both do roth IRAs for
1:04.0	seven thousand dollars each how old are you 32 okay each so you can put 14 000 a year into two
1:10.6	roth IRAs between the two of you. So that's more than $1,000 a month. What's your household income?
1:18.3	Around $8,000 a month. Okay. All right. And so, you know, that gets you a long way. Are you fighting through any debt first?
1:28.4	No, debt free other than our mortgage.
	...

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