What’s the Best Way To Save for Retirement?

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.6 • 3.6K Ratings

🗓️ 7 September 2022

⏱️ 5 minutes

🔗️ Recording | iTunes | RSS

🧾️ 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

Click on a timestamp to play from that location

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	Dominic is with us Dominic is in Denver.
0:16.2	Hi Dominic, how are you?
0:17.2	Hi Dave, how are you doing today?
0:19.4	Better than we deserve.
0:20.6	What's up?
0:21.6	Dave, my question for you today is I'm trying my darnedest to become a big step millionaire
0:28.9	and just wondering if I've been saving 15% of my income towards retirement.
0:37.3	I had stopped that for a while but I've been actively doing that for about two years now
0:43.5	and the way I've set my budget I've been able to actually increase that to 21% and I'm
0:49.9	only going to know if that's going to do the job.
0:54.6	How old are you?
0:56.6	40.
0:57.6	What do you make?
1:01.3	Currently in 72 year net that will be going up though and planning hopefully to retire
1:09.4	by the age of 55.
1:11.8	Okay.
1:12.8	So you're saving about 15,000 a year but you crank that up do you have a home?
1:19.7	I'm on baby step seven sir.
1:21.7	Oh good, awesome.
1:22.7	Yeah I would max out all your retirement then.
	...

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.