My Husband Gave Away All Of Our Retirement In A Scam

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Ramsey Network

Investing, Self-improvement, Education, Business

4.5 • 840 Ratings

🗓️ 24 August 2025

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Transcript

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0:00.0	Brought to you by the Every Dollar app.
0:04.3	Start budgeting for free today.
0:06.8	Well, about a year and a half ago, my husband got involved with some online investment
0:12.8	deal, which turned out to be a scam.
0:16.9	He gave away all our retirement.
0:23.3	And then he borrowed another about $250,000 more to get out of it.
0:30.3	So I wake up every day worried, but my question was about tax.
0:36.7	I'm worried about next year's federal state taxes.
0:41.4	Are we going to start owing a lot of money?
0:44.4	We're sort of going okay.
0:46.1	We got two jobs each.
0:49.2	We paid off a lot of the debt.
0:51.8	We're working on it.
0:53.3	We paid off about half of it. But I just keep
0:57.2	worrying the other shoe's going to drop and I worry about taxes. We paid last year's taxes. We were
1:04.6	able to pay our federal taxes, I think, and then we got a refund, a federal refund, which we used to pay our
1:12.8	state taxes. But I'm just wondering, you know, how should we proceed from here?
1:20.4	Gosh, Mary. Oh, I'm so sorry. How old are you guys? Well, that's the problem.
1:27.9	I'm 75.
1:29.0	He's 72.
1:30.6	I'm so sorry.
1:33.0	Oh, Mary.
	...

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