My Financial Advisor Told Us To Take Out A HELOC

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.6 • 3.6K Ratings

🗓️ 8 December 2025

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Transcript

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0:00.0	This episode is brought to you by SmartVester.
0:07.7	Connect with an investing pro near you at ramsysolutions.com slash smartvester.
0:12.2	We start off with Dan in Grand Rapids.
0:16.4	Dan, how can we help you today?
0:18.2	My wife and I are preparing to retire.
0:21.2	As a matter of fact, her last day of work is tomorrow.
0:23.3	Oh, wow.
0:24.4	Beginning of February, so 40 years of effort towards this.
0:29.4	Dan, how are you?
0:30.7	Dan, I got to ask you this.
0:32.3	I mean, we men have to unite because we don't do this well.
0:35.4	We got Rachel here to help us on this before we dive in.
0:38.1	What is the plan when she finishes the day tomorrow and she wraps it up and comes home?
0:43.5	Do you got something planned?
0:45.5	You know, we don't.
0:47.6	It came on pretty quick.
0:49.3	We both had this date in February picked, and then her department dissolved, and they said you can either take
0:55.2	a buyout or you can transfer to another department. So this all happened for her in the last three
1:00.4	weeks. Okay, but presumably, she's excited about this? Oh, absolutely, yes. Dan, listen, I don't want to
1:07.3	spend too much time on this. Rachel's here to back me up. This is where you've got to step up.
1:12.1	I mean, you've got to do something special. She comes home, maybe a little surprise. If she hates surprises, plan a little something. At least a nice dinner. A little retirement celebration. 40 years, babe. You're wrapping it up. We've got to celebrate her, is my point. I don't want to. And I'm glad I said this, Dan, because you might have blown it had I not brought this up.
1:30.3	You're very much.
	...

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