Pausing Retirement To Save for a House

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.6 • 3.6K Ratings

🗓️ 3 July 2023

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

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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

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0:00.0	This episode is sponsored by Smart Vester.
0:07.2	Connect with an investing pro for free at Ramsey Solutions dot com slash invest.
0:15.2	You're listening to Ramsey everyday millionaires where we talk investing, retirement, building
0:19.7	wealth and outrageous generosity.
0:21.8	All right, let's go to Andrew in four Myers.
0:25.2	What's up Andrew?
0:26.2	How's it going guys?
0:27.2	It's a pleasure to talk to you.
0:28.5	You two, man.
0:29.5	What's up?
0:30.5	All right.
0:31.5	So in 2022, I paused my retirement contributions in order to see cash for my wedding, which
0:37.6	is actually less than three weeks away now.
0:40.1	And I'm trying to determine my next step.
0:43.2	So should I remain paused in my retirement investing in order to save up for a down payment
0:50.3	in two to three years?
0:52.1	Or should I go back to investing in retirement after we get married?
0:57.3	How old are you two?
0:59.1	I'm 24 and my soon to be wife is 20.
1:03.4	Cool.
1:04.4	And what will your household income be?
1:05.4	You think once you guys are married?
	...

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