We Think $250K Is Enough for Retirement—Should We Stop Contributing?

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.6 • 3.6K Ratings

🗓️ 10 September 2025

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

💵 Sign up for EveryDollar today - Create a free Budget!⁠⁠⁠⁠ 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, and are disciplined and responsible! Next Steps: 💰Need help with your investments? Connect with a SmartVestor Pro: ⁠⁠⁠⁠(⁠⁠⁠⁠⁠⁠⁠⁠SmartVestor Investing Professionals⁠⁠⁠⁠ ) #PaidEndorsement 📝Get your free copy of Ramsey’s Complete Guide to Investing: (⁠⁠⁠⁠Ramsey's Complete Guide to Investing⁠⁠⁠⁠) 🏦Take a retirement assessment to find out how much you’ll need to retire: (⁠⁠⁠⁠Retire Inspired with the R:IQ Retirement Assessment⁠⁠⁠⁠) 📈See how much your investments could be worth over time with this handy calculator: (⁠⁠⁠⁠Investment Calculator⁠⁠⁠⁠) 🧑‍💻Explore free investing tools, articles and more on the Ramsey Investing Hub: (⁠⁠⁠⁠Ramsey Investing Tools and Resources⁠⁠⁠⁠) Listen to more from Ramsey Network ⁠⁠⁠⁠🎙️⁠⁠⁠⁠⁠⁠⁠⁠ The Ramsey Show⁠⁠⁠⁠ 🧠⁠⁠⁠⁠ The Dr. John Delony Show⁠⁠⁠⁠⁠⁠⁠⁠ 🍸⁠⁠⁠⁠⁠⁠⁠⁠ Smart Money Happy Hour⁠⁠⁠⁠⁠⁠⁠⁠ 💡⁠⁠⁠⁠⁠⁠⁠⁠ The Rachel Cruze Show⁠⁠⁠⁠⁠⁠⁠⁠ 💰 ⁠⁠⁠⁠⁠⁠⁠⁠George Kamel⁠⁠⁠⁠⁠⁠⁠⁠ 🪑 ⁠⁠⁠⁠⁠⁠⁠⁠Front Row Seat with Ken Coleman ⁠⁠⁠⁠⁠⁠⁠⁠📈⁠⁠⁠⁠⁠⁠⁠⁠ EntreLeadership⁠⁠⁠⁠⁠⁠⁠⁠ 💸⁠⁠⁠⁠⁠⁠⁠⁠ The Ramsey Show Highlights⁠⁠⁠⁠ ⁠⁠⁠⁠Learn more about your ad choices.⁠⁠⁠⁠ ⁠ Ramsey Solutions Privacy Policy⁠⁠⁠⁠

Transcript

Click on a timestamp to play from that location

0:00.0	This episode is brought to you by SmartVester.
0:08.0	Connect with an investing pro near you at ramsysolutions.com slash smartvester.
0:13.8	Brett is in Kansas.
0:15.5	Hi, Brett. How are you?
0:17.0	How are you doing, Dave? Doing well.
0:18.2	Good.
0:18.5	How can I help?
0:19.3	Well, about seven years ago, you and I spoke on your show.
0:23.1	At that time, I was graduating college, moving to a new city for my first job, and getting engaged.
0:28.9	And you won't remember that call, but I do.
0:31.1	So thank you back then for sharing some hard truths with me.
0:36.2	Since then, paid off student loans.
0:39.3	Just in about two months into marriage, my wife and I were debt-free.
0:45.3	So over the last six years, had two beautiful girls,
0:48.3	saved up 20% for our house, cash flower innovations.
0:52.3	And today I looked up on my retirement account,
0:57.2	and it's at $250,000. And next month, I'll be 30. And I just feel so incredibly grateful and
1:03.5	blessed. And essentially my question is, I mean, I am I at a point where I've essentially
1:09.5	funded retirement? And because my wife and I have hopes and goals and dreams to build our own house and we're done having kids start a business and would it make more sense to save that same money but outside of a retirement account where we really can't get to until we're old.
1:31.7	What's your income? How's sold income?
1:34.2	It's about 140, 150.
1:35.9	Okay. You've done an amazing job. Congratulations.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.