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Ramsey Everyday Millionaires

Retirement Plans Changed...What Should I Do?

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.63.6K Ratings

🗓️ 13 July 2022

⏱️ 2 minutes

🧾️ Download transcript

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, and George Kamel.

Transcript

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0:00.0

You're listening to Ramsay every day millionaires where we talk retirement, building wealth, and outrageous generosity.

0:12.0

Dan is in Corteline Idaho. Hi Dan, welcome to the Ramsay Show. How are you doing today?

0:18.0

Great man, what's up?

0:20.0

Hi, I'm 61 years older, I will be in July. I just went through a divorce two years ago and then I fell in the house and bought a holiday trailer to live in because I'm not going to pay for another mortgage.

0:33.0

I have about $170,000 that's 130 in cash and they're asking me to fund. But I'm trying to figure out what I should do for retirement because I have friends that are younger than me, they have one had a stroke and he can't drive anymore.

0:54.0

My health is not the greatest, so I'm trying to figure out what to do.

0:59.0

What's wrong with your health? I just got screwed up, got a bad back, so bad combination.

1:11.0

Well, you're not going to be lifting anything for a living, are you working?

1:16.0

I'm a truck driver, I'm really not great to eat your oil, but I would like to get out of it and retire, but that my plan was to get the house all things off and get a part time job and it kind of enjoy life.

1:33.0

Yeah, jump on ramsysolutions.com and hit the smart vester pro button and find a smart vester pro that can advise you on helping you get some of that 170,000 invested. It's sitting in a savings account not making any money and also set you up as Roth IRA and some other things and get some investing going so we can get your nest egg up a little better so you can relax here in the next couple of years.

1:55.0

It sounds like other than that, you're on your way. Thanks for tuning into ramsy everyday millionaires to check out all our podcasts. Just search ramsy network on Apple Podcasts, Spotify or wherever you listen.

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