Should I Invest More Than 15% To Catch Up?

Ramsey Everyday Millionaires

Ramsey Network

Investing, Careers, Business

4.6 • 3.6K Ratings

🗓️ 19 October 2022

⏱️ 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, & Kristina Ellis. Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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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.
0:13.8	Tom is with us, Tom's in Salt Lake City.
0:16.0	How are you, Tom?
0:17.0	I'm doing great.
0:18.0	How are you?
0:19.0	Better than I deserve.
0:20.2	What's up?
0:21.2	So my wife and I are at the end of the baby steps where we're debt free.
0:27.0	Thankfully in large parts to you and your program and just some crazy life experiences
0:32.6	that I'm able to get there, work real hard and that's where we're right now.
0:38.4	So we are both now looking into our retirement and both of us started at this whole journey
0:46.3	in our 30s.
0:48.2	And so our retirement investments were rather in kind of pretty delayed.
0:54.0	We didn't start investing until like I said earlier, early 30s.
0:58.5	And so what we have now is we started with the third modest income out of my wife's
1:04.9	works and I own my own business.
1:07.0	So we have a much larger income than we had before.
1:12.2	So what's your household income now?
1:14.2	Right now we're close to 400.
1:16.2	Wow, look at you.
1:17.2	How old are you again?
	...

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