4.8 • 3.6K Ratings
🗓️ 9 July 2021
⏱️ 4 minutes
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0:00.0 | You're listening to Ramsey everyday millionaires, where we talk retirement, building wealth, |
0:10.5 | and outrageous generosity. |
0:12.0 | Tina is in Cincinnati. |
0:15.0 | Hi, Tina. |
0:16.0 | Welcome to the Ramsey show. |
0:17.0 | Hi there. |
0:18.0 | I have an insurance question. |
0:21.0 | I'm going to be 59 and my husband is going to be 49. |
0:26.4 | We took out 20-year term policies that are going to be running out in about six years. |
0:33.4 | So I'll be able to retire at that point. |
0:36.4 | But then my husband will still have 10 more years of working. |
0:40.4 | And he won't have any term insurance left. |
0:43.4 | Now, our house will be paid off next year and we're otherwise debt-free. |
0:47.4 | And we have about 650,000 in our retirement accounts right now. |
0:52.4 | So he doesn't think that he'll need to replace that insurance because the house will be paid off. |
0:58.4 | And our savings will take care of any need. |
1:01.4 | What is your 650,000 invested in? |
1:04.4 | It's our retirement plans, our 401k's. |
1:07.4 | I know. |
1:08.4 | What's immutual funds? |
1:09.4 | Yeah. |
1:10.4 | Okay. |
... |
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