Should We Convert to Roth?

Ramsey Everyday Millionaires

Ramsey Network

Business, Careers, Investing

4.8 • 3.6K Ratings

🗓️ 26 October 2022

⏱️ 2 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.
0:14.0	Jack is in Richmond, Virginia.
0:15.8	Hey, Jack, how are you?
0:16.8	Hey, guys, I'm doing great.
0:18.3	How are you?
0:19.3	Better than I deserve.
0:20.3	How can I help?
0:21.3	All right.
0:22.3	So today, my wife and I just finished up baby step two this morning.
0:25.3	We just made our last, our last dead payment.
0:28.1	Yay!
0:29.1	How much did you pay off?
0:30.6	That's a lot of money.
0:31.6	We paid off $97,000 in 11 months.
0:34.9	Whoa.
0:35.9	Kick it in it.
0:36.9	So we've been hustling.
0:39.2	And the last thing I know my question is, is we have about $70,000 sitting in a traditional
0:45.8	IRA.
0:46.8	I'm 29, she's 27.
0:49.9	And my question is, as a part of finishing up going on to baby step three here, should we
	...

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