Why Dave Ramsey Suggests Investing 15% of Your Income For Retirement

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.6 • 3.6K Ratings

🗓️ 11 March 2022

⏱️ 5 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, and George Kamel.

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	Julia is with us in Portland, Maine.
0:16.2	Hi, Julia.
0:17.2	Welcome to the Ramsey show.
0:18.7	Thank you so much.
0:20.4	It's an honor to speak with you both today.
0:23.0	You too.
0:24.0	What's up?
0:25.0	I am on baby's death's fix and I have a rental property.
0:30.9	Do you recommend that I include 15% of my rental income in my retirement contribution?
0:39.3	No.
0:40.3	Okay, good.
0:41.3	Because I want to throw everything at my mortgage.
0:44.5	Yeah, not everything.
0:45.5	But do you have other income, don't you?
0:48.3	Yes.
0:49.3	Yes.
0:50.3	I have a regular job.
0:51.9	So what is your regular job pay?
0:54.0	What does it pay?
0:56.2	So I'm a freelancer and I make about 115,000 a year.
	...

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