I wish you guys would devote a whole show to old people in situations similar to hers... many are just too ashamed to call in...😢

@Azel247

8 ай бұрын

The advice would simply be to sell everything to pay off your debt and then keep working

@chosenlyric

8 ай бұрын

@@Azel247 sell everything to who?

@Azel247

8 ай бұрын

@@chosenlyric That's up to you

@helena3631

8 ай бұрын

i am in my 30's and this scares me

@freedomisnotnegotiable

8 ай бұрын

Have no farm, only 7 acres but buying a 26k tractor… that’s US right here… I have 20 acres, and I have cattle horses, chicken, pigs and more and I do have a tractor, but I bought it for 10k cash and thought that this is already insane…

Yes! Give us these kind of callers. The common person in the U.S! Not the, "I don't know what to do with $250000 saved up!"

@mariannebrandon8891

4 ай бұрын

Agree maybe I’m bitter but I don’t care about those super rich folks who just don’t know how to handle their finances

@darionfranklin

3 ай бұрын

I like hearing both because it shows that it’s not about how much money you have it’s mainly about your behavior

@TonyCox1351

Ай бұрын

This caller seems delusional. 30 year old student loan but a $27K tractor? Husband is too disabled to work but is going hunting? I cannot relate

@Jane-rh7tc

3 күн бұрын

⁠@@TonyCox1351exactly, maybe the ppl with half a mil annual income is unrelatable to some ppl, but 75yr old disabled person still having hobby to go hunting every day is equally as unrelatable to me

These calls are more realistic than the 16 yr olds making $50,000 a month

Every young adult entering the workforce needs to listen to this call.

@ihmpall

8 ай бұрын

That dodge viper isn’t going to buy itself

@elchapojr6219

8 ай бұрын

Most definitely and work at a bank and see how people manage money and they would be surprised

@liberator9248

8 ай бұрын

Please let this go viral

@maureenogorman8740

3 ай бұрын

Young adults can't comprehend 67 years old

@christopherhoyt7195

2 ай бұрын

@maureenogorman8740 Very true. Nobody thinks it will happen to them. If people didn't go broke left and right, Dave Ramesy wouldn't have the career that he does. That's why the show is restorative in nature, not preventative.

A student loan at 61 is wild😢

@I_stepped_in_SF_shit

8 ай бұрын

I laugh at people who are waiting for loan forgiveness because this is how they're going to end up lol

@nightfangs2910

8 ай бұрын

The way things are right now for students that will be common place in the coming decades student loan debt is crazy now, and most students have no idea how or if they'll be able to pay it back 🤦🤦🤦

@steelcastle5616

8 ай бұрын

Note she said she hadn't paid on it in 3-years... Some wounds don't heal -- they fester and rot.

@lolwtnick4362

8 ай бұрын

​@@nightfangs2910for 24 years? lmao

@vickieclark5931

8 ай бұрын

@@lolwtnick4362 Yep. Those student loans NEVER go away unless you pay them off or die. That's why Dave is so against them because they are one of the worst loans and hardest ones to pay off. So it's not uncommon at all for people to have student loans in their 60s nowadays. And with the way everything is going now, in another 40 or 50 years, people will have their own student loans into their 80s. Very sad, but unfortuneately it's true.

I wish I had more time for experimentation, but I'll be 50 by June, and I'm looking for ideas and suggestions on what investments to acquire to set myself up for retirement, especially with the looming inflation; my goal is to have at least $5 million by the age of 65.

@ImaneYadria

2 ай бұрын

I feel your pain, as I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $130k in passive diversified safe-haven assets, Up 200k so far and pretty sure I'm ready for whatever comes.

@user-uo8ci9xq4l

2 ай бұрын

So who is the advisor that tutored you? And how can I contact them, i'm in need of their skillset.

@ImaneYadria

2 ай бұрын

Lisa Ann Moberly, is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@user-uo8ci9xq4l

2 ай бұрын

Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.

@randymillhouse791

2 ай бұрын

The name drop is coming.

She’s the perfect example of why you should not wait and just pay off your student loan asap!

@fornos123

8 ай бұрын

💯

@mattmasteringer4399

8 ай бұрын

That compounding interest is the killer and source of income for the government.

@Hopeful62

8 ай бұрын

Oh so you think everyone just has the money - and she's probably been screwed on interest.

@megalodon1726

8 ай бұрын

@@Hopeful62 her student loan is from 1999, she had the money to pay it off years ago. She just didn't have the discipline.

@TopVillain

8 ай бұрын

She hasn’t paid her student loans In 20 years and she keeps voting biden in hopes of him forgiving her student loans

When Ramsey becomes compassionate you know it’s real bad.

@KB-sg7tv

Ай бұрын

That’s true, I’d rather him be upset at me than compassionate with me 😂😂

I’m 41. These are the kinds of calls that light a fire 🔥 under my butt when I start getting wishy washy with my goals. Geezus I can’t imagine the panic I would feel if I was 61.

@kensmith2796

8 ай бұрын

I'm a bit older than you and feel the same way. It's crazy because I look back at how my parents quit working when they were 62 years old with nothing saved and no house and receiving next to nothing in social security. I have no idea how they would have made it without help from us kids. They for sure would have been homeless. They just live each day without any thought towards tomorrow.

@musicman7297

5 ай бұрын

Invest in silver and gold. Buy what you can and when you can and don't touch it.

@kyleychanel5574

11 күн бұрын

Shoot Im 27 getting my ish together. I refuse to work until 65 and I need a million dollars to retire

Student loan since 1999 wtf 😳

@lot2196

8 ай бұрын

Wow

@XennialGuy

8 ай бұрын

Midlife crisis student loan.

@dungeonmaster6292

8 ай бұрын

Shoulda went cash under the table years ago.

@ensignmjs7058

8 ай бұрын

I know the feeling. 🤮 I'm in my forties.

@lionheart93

8 ай бұрын

He prob qualifies for the forgiveness

It's sad to hear stories like this. Consumerism and financial ignorance destroys lives.

@matthewgardner2144

7 ай бұрын

Self-induced crisis.

@dianetownsend9813

5 ай бұрын

MEDICAL bills probably

@invenio1978

5 ай бұрын

@@dianetownsend9813 Sure, I also had to finance a tractor the last time I got sick.

@electrodynamicorb6548

3 ай бұрын

And living in the south

@Jane-rh7tc

3 күн бұрын

@@electrodynamicorb6548doesn't matter where one lives, if they have no sense of planning for their life and finance, they be broke no matter what

It's one thing being in your 60's with no retirement fund (which is bad enough) but being almost $70k in debt with no money saved at all is a whole other issue.

@ruthirwin8222

4 ай бұрын

Scary scary

Retirement becomes truly fulfilling when you possess two essential elements: ample financial resources and a meaningful purpose in life. Make prudent investment choices to secure good returns and ensure a comfortable retirement.

@emmaarmando

2 ай бұрын

One crucial aspect of earning profits from stocks is to avoid being frightened and selling them prematurely. It is vital to understand that stocks should not be treated as mere lottery tickets. Consider acquiring the assistance of a financial advisor to navigate your investments.

@noah-greene

2 ай бұрын

I agree. Based on personal experience working with an investment advisor, I currently have $1m in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.

@spacecadet6

2 ай бұрын

@@noah-greeneMind if I ask you to point at how to reach this particular person assisting you? Seems you've figured it all out unlike the rest of us.

@noah-greene

2 ай бұрын

'Gertrude Margaret Quinto' maintains an online presence. Just make a simple search for her name online.

@shelle.angelo

2 ай бұрын

Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

Like Caleb Hammer says… save so you “don’t die on the Walmart floor”

There is MILLIONS of Americans in this same situation.

@steelcastle5616

8 ай бұрын

Didn't know that so many people had tractors.

@goforbroke2

8 ай бұрын

@@steelcastle5616 This guy..😂

@steelcastle5616

8 ай бұрын

@@goforbroke2 LOL...

@dungeonmaster6292

8 ай бұрын

Phuck the banks. It's their problem

@JakeAkstins

8 ай бұрын

You remember all those people who partied and didn't take life seriously at all when they were young between 1980-2000. Assuming they didn't die, this they grew up and became this person. 0 sympathy.

Such a scary statement to have to say , “ hope social security is still around when I hit 67 and retire”. Hoping on government to save you is dangerous

@novakd1530

8 ай бұрын

Um Social Security isn't going to stop are people just magically going to stop paying Social Security taxes??

@evelyndaisy9722

8 ай бұрын

We pay into social security . It’s not a handout . I hope she gets it because she worked for it .

@alexhanson449

8 ай бұрын

​@@novakd1530a system with a large deficit will eventually topple

@steelcastle5616

8 ай бұрын

How long do you think she paid into the system? Social security is owed to her because she paid into it.

@Drillbitayler

8 ай бұрын

Social security will absolutely need to be stopped, or our dollar will collapse. It's evil that politicians stole/steal our money, and then spend it on other things, but thats what many have, and continue to vote for. I won't see a dime of the money the government has stolen from me so far. So better to stop the stealing sooner while we MIGHT still be able to recover our dollar (honestly, it's probably already too late) than wait until a complete collapse.

She needs to work until 72, not 67. Her husband is 75 (14 years older than she is) and in dreadful health. Her income is going to drop when she loses his SS disability check when he dies, assuming he dies first. What a mess, and it's all too common.

@robertwalker5521

8 ай бұрын

COPD equals Chain Smoker 90% of the time.

@BusArch42

8 ай бұрын

@@robertwalker5521yup. My mom had COPD and she smoked a lot when she was younger.

@MikeBarbarossa

8 ай бұрын

You can get a lot done in 10 years. I'm 61 and most of my retirement nestt egg was made in the last 10

@robinpigeon2070

6 ай бұрын

@@MikeBarbarossaI’ve been able to contribute 50% the last five years and luckily I had a pd off house so I will now have at least $400,000 in my savings plus an accelerated social security check. Almost all of this earned in the last ten years - and the funny part is I’m getting a new job that pays 30-40% more than my present one.

Me High school dropout Laborer all my life. 62. Retired No debt at all. Home paid off. Money in the bank. $50k retirement income. Life is good.

@Excalibur2

8 ай бұрын

Good man. I'm working and saving, hopefully I can say the same in 20-30 years.

@vickieclark5931

8 ай бұрын

That's awesome. You are proof that a big income or having a high level of education doesn't mean too much. It's how you spent and saved all your life is how you are able to retire at a younger age.

@darylyost7273

8 ай бұрын

Same here,no education ,hard work,own my home,cars and toys! Living large on a thousand a month! 😊😊😊

@misterjoey3384

8 ай бұрын

Laborer until 62??? You're not human. I told my boys if I'm still doing that at the age of 60 just kill me. Hats off!

@DarlinReal

8 ай бұрын

Darn, preach that! Shout it from the mountain top.

I watch these to keep myself on track and will never judge anyone coming on this show to share their story. Most ppl are steps away from being homeless. I'm rooting for this lady because she has the means to get herself out of debt.

@turtleanton6539

8 ай бұрын

I fully agree 😊

@kensmith2796

8 ай бұрын

Yes, at least she's taking steps to improve her situation. My parents both retired at age 62 with no savings, no house and no car. They would have been homeless if it wasn't for us "kids" helping them out.

@goofygirl1311

8 ай бұрын

@@kensmith2796 Wait. So your parents expected their kids to fund their early retirement? That isn't right.

@johnSmith-uz8nl

6 ай бұрын

I agree but I can not help but judge... point is... you need to start young with retirement savings.

@LeinaVance

6 ай бұрын

This. People who follow Dave can be so smug behind their computer screens when it's not their financial situation being scrutinized.

Man I can't even imagine being this lady. 61 and still don't have your stuff together?! Jeez man.

@pep590

8 ай бұрын

Yes, her biggest break is she makes 67k a year. Usually they are like her and make 35k or unemployed.

This is what happens when you don't take care of your finances.

@steelcastle5616

8 ай бұрын

And grow old doing it.

@mikenelson8377

8 ай бұрын

Don’t be her 💀

@voycodin5042

8 ай бұрын

Some people don’t have much of choice.

@sinamen516

8 ай бұрын

Well obviously hence her calling

@econ0003

8 ай бұрын

@@voycodin5042 she had a choice. She is buying $26,000 tractors and declining a 4% 401k match at work. Just bad decisions.

This is my daughter at 61 because her friends know more than her Mom.

This is scary! Start investing now guys!

“Dave, I’m 61 years old and I think it’s finally time to get serious about retirement!” 🤣🤣🤣🤣🤣

@lombardo141

8 ай бұрын

It’s not funny but at the same time funny. So confused. 😵‍💫😆

@thegreatbamboozler4837

8 ай бұрын

Did anybody else noticed that she talked about the land had something to do with heirs? Sounds like her and hubby have been banking on getting a big piece of this land at some point in the future and that's not going to happen and hope he's about to croak anyway so she's figuring out that she's got no plan other than waiting on some hillbilly family to come to an agreement on how to split up Grandpa's plots!

@TonyCox1351

8 ай бұрын

@@thegreatbamboozler4837that actually makes sense, it could explain how she’s 61 and doesn’t have a dime saved, waiting for some windfall that never came…

@vickieclark5931

8 ай бұрын

I didn't start getting serious about retirement till I was in my mid 40s. I always think "Damn I wish I would have started earlier and I hope that I will have enough". Then I hear calls like this and then I realize that it could have been much worse. I could have woken up when it was time to retire and not be able too cause I would have had 0 money. Then I'd be working for the rest of my life.

@lindamishalanie5593

8 ай бұрын

😂😂..Can't even feel sorry for her.

This is sad, at 61 still owe student debt

@ykook7000

8 ай бұрын

More like pathetic

@pep590

8 ай бұрын

I wonder what degree it was for. Maybe that is why she is making 67k a year and not 35k.

Sell that tractor. Sell the property and downsize to a small house. She doesn’t have a lot of options.

@MrTmenzo

8 ай бұрын

Watch the video again goober her land is worth 5k which isn't much

@CarnivoreStork

8 ай бұрын

@@MrTmenzo So she’s living in a teepee on her hunting land? Dave never asked her where she’s living. They have a house somewhere, But they need to downsize immediately, she will not be riding a tractor at 75 unless she’s insane. Elderly people need to get ready for Health crisis management.

@alisatjaden3906

8 ай бұрын

Sounds like paid off land that's been in family for a long time. Farming is a lifestyle & it would kill them early to downsize & live in some small house. Maybe boarding horses could bring in some extra income. PS riding a tractor is Awesome!! My friend was regularly riding one at 83, me in my 70s

@RalphieVII

3 ай бұрын

@@MrTmenzo I'm guessing she hasn't had the property appraised in 30+ years. The average price per acre in Arkansas is almost $16k. She's sitting on $100K+ in land

Nobody ….NOBODY…. Almost NOBODY reevaluates at 61 with a 70+ yo spouse. She wants a different outcome using the same actions

@thegreatbamboozler4837

8 ай бұрын

True...she's gotten this far making excuses after excuse after excuse...

@chosenlyric

8 ай бұрын

My mom’s Reevaluating at 76 with an 84 year old spouse 🤷🏽‍♂️

@joesmith3590

8 ай бұрын

@@chosenlyricreally what is she changing that she has a choice about? Being broke and changing due to no money doesn’t count lol.

@jeffrichey3623

8 ай бұрын

Yep, she is so not going to sell that tractor.

@zsuzsuspetals

7 ай бұрын

exactly. I know a lot of people like this, sadly. And they usually don't change. If you've never planned for the future, starting to do it in your 60s is almost impossible. She needs a financial/life coach making her decisions for her. And who knows how many family members have tried and failed to get them to turn that Titanic around.

Doing better than my parents. My parents are 63, have been renters their entire lives, cashed out 401ks, in thousands of dollars of credit card debt, layaways, unemployed.

@Dan16673

8 ай бұрын

wtf why?

@harknowhere

8 ай бұрын

@@Dan16673 because that’s how they are

@aquila1993

8 ай бұрын

Yikes

@Dan16673

8 ай бұрын

@@harknowhere I hope you ran the other way

@DylanJo123

8 ай бұрын

They expect you to provide for them, huh?

Someone making over 60k in Arkansas should not be in this situation at any age.

@durgan5668

8 ай бұрын

Medical bills might have added to that, that will drain you in a hurry.

@Kyle-ms2et

8 ай бұрын

@@durgan5668 Yes, that could do it.

@slimdude2011

8 ай бұрын

@@durgan5668 With her financial situation, she may be eligible for Medicaid, if she's not already getting it and if not, she should apply for it.

@Jane-rh7tc

3 күн бұрын

@@durgan5668what's interesting is the husband is still not willing to give up the hunting life style even with all the health conditions 😂

This is sad. I'm 61 and about to file for social security. I never earned much but I'm cheap.

I’m 32 and freaking out about in 30 years where I will be. I can’t imagine being 61 dealing with this.

@nessparadis6948

7 ай бұрын

Same 😭

@mertm.995

5 ай бұрын

Just move to Europe if you wanna avoid this American debt trap way of life

@Daffodils2Daisies

5 ай бұрын

@@mertm.995 I totally would if I didn’t have family responsibilities here.

@o0usf0o

5 ай бұрын

I’m 39 and I max out my 401k and Roth. These people give me a panic attack 😅

@DRventura333

4 ай бұрын

agree. save whatever you can if you can. don't eat out. don't waste money on things you don't need. if you have kids, you don't have to buy them expensive toys. no one there to help except your own two hands.

7 acres in Little Rock AR for $4000? I think she's low balling what it's worth because she didn't want Dave telling her to sell it. They need to sell that land, sell that tractor, pay off their loans and get themselves into an affordable senior living apartment before her own body wears out. There is a season in life for everything. The season to own that farm has passed.

@chanvswild

6 ай бұрын

It’s probably what they bought it for

“Why do you have a tractor?!” 😂😂 sorry that was hilarious

She needs to work as long as she can. If she can keep working until 80+, this may be her saving grace. Retiring at 67 is not an option as long as she is capable of working in any capacity.

@summerforever6736

8 ай бұрын

who said she makes it to 80?

Unfortunately, many people are not ready for retirement...and no money for an emergency. If you are young, i hope you are listening and make better choices.

@ykook7000

8 ай бұрын

Been happening for years if you are bad with money you'll always be bad with money

@quiltanon

8 ай бұрын

@@ykook7000 my life changed when I took FPU and followed the baby steps.

"I told you, Imma country girll" shows you how oblivious she is.

@ykook7000

8 ай бұрын

She's playing on ignorance

@margie909

8 ай бұрын

I'm glad Dave called her out on that.

@christopherhoyt7195

2 ай бұрын

It's ridiculous and very telling how she got into this predicament. How did she graduate college saying, "I'm country?" That tells you something about the authenticity of a large swathe of so-called higher education. Dave always rails about overpaying for a car so you can impress at a stoplight. What about going six figures in the debt so you can wear a university sweatshirt in the grocery store? College is an infomercial with an attendance requirement. These people sabotaged your life with debt for a communication degree, and you're going to hang an ad for them around your neck? Fool!

@lauracollins3451

6 күн бұрын

I'm spending it all so there's nothing to take!

She must postpone social security until age 70, max 401k now, and pay off debt as she goes.

@dragon1729

8 ай бұрын

No way she'll be able to max out 401k with $67000 unless she's totally debt free.

@TheHavocdog

7 ай бұрын

I would sell the tractor, and stop leasing hunting property that they probably are not using anyway( he is disabled). Then she should at least invest her 4% of wages in the 401k plan with matching until she reaches 70 years old. Being age 61 now, the resulting 491k would not be a lot of retirement income, but better than nothing.

@TheHavocdog

7 ай бұрын

401k......

Vehicle debt is killer

@steelcastle5616

8 ай бұрын

That tractor is what's killing them (and 23-year old student loan and personal loans). If the machine isn't producing food to eat and/or things to sell, it (and the other loans) is sucking them dry.

The greater the automated income you can build, the freer you will become. Taking the first step is the hardest, but 5 houses later living off automated income since July 6, 2016. You’ve got to start taking steps to achieve your goal.

@lailaalfaddil7389

7 ай бұрын

What kind of investment would you advise? And what is the best way to follow it?

I feel bad for her. I have been so lucky all my life. I am 52, no debt, 2 mini vans been paid for and my house all paid off! Lots of money in the bank and in my house with hardly no bills. But I don't go out and spend on new cars or stupid things that I really don't need. I been retired since I was 43 with more than enough to last me the rest of my life. But the way I was raised was different than most far as investing and saving almost everything I made since I was like 12 or old enough to go to work. But it does make me sad to hear about stuff like her story.

@Jane-rh7tc

3 күн бұрын

what do you do when you retire that early? ppl talking abt retiring early, but i find life very boring having nothing to do every day. Hobbies can only last so long(and most cost a lot of $$ that savings may not be enough to support when retiring that early)

His face when she was talking about the student loan from 1999😂 “Every deer in the area “🤣🤣🤣

We retired in 2002. I worked with people who routinely maxed out credit cards, ate in restaurants, and shopped. They drove new cars. We retired when our youngest graduated college. I am a cheapskate who talked my husband into saving money. Tina, Al's wife

@GDuncan8002

3 ай бұрын

You two are so cheap, you share a free KZread account.

@MarkPreston-su7nq

2 ай бұрын

😂​@@GDuncan8002😂

When I was younger, I worked with a lot of people that said they did not contribute to the employer 401k. Either they said they needed every dime they made to live on, or that retirement was really far away. I hope they figured it out.

@bunacat1

8 ай бұрын

Me too. I always encourage younger people to at least contribute what the employer matches. I make a big deal about it being free money and that always gives them a lightbulb moment lol.

@pingupenguin2474

8 ай бұрын

​@@bunacat1yup, my work pension was conpulsory - it came off before I got my wages, but 30 years of it happenning means I now have enough to live off during my retirement.

@goofygirl1311

8 ай бұрын

I remember people saying that they couldn't afford to save for retirement. Some that did save, wound up cashing out their 401Ks and paying heavy penalties. I do wonder how those folks are getting by now. The key is simple - put pretax money in your 401K, get your employer's match and don't touch it.

@kensmith2796

8 ай бұрын

I used to work for a Big 4 accounting firm and there was a senior manager there that was not contributing to the 401k! You just never know what people's financial lives are like behind the scenes.

@seannunemaker5492

5 ай бұрын

I’m doing just that right now, and opting to buy real estate instead. Pretty risky without a doubt, but I never liked the idea of waiting until I’m 62 to reap any benefits.

I hope she got a good life insurance policy on the husband.

I began my investment journey at the age of 33, primarily through hard work and dedication. I am to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity..

@philipcollen482

8 ай бұрын

Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

@brittanynicolette9473

8 ай бұрын

This is superb! Information, as a noob it gets quite to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?

@RyanContreras72

8 ай бұрын

Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $500k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.

@KatherineAnderson-lm8bw

8 ай бұрын

wow that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.

@blessingpaul5484

8 ай бұрын

Do you mind sharing info on the adviser who assisted you? I’m 40 now and would love to grow my stock portfolio and plan my retirement.

People, stop judging. Her husband’s had surgeries. Medical bills cost. People go through shit in life. We don’t know what she’s been through. I love ❤️ that Dave didn’t judge her and said it was possible to turn it around. With God, her changed mindset, a little bit of luck 🍀and Dave’s methodologies, anything is possible. My 2 cents, Amy

@lisab5904

8 ай бұрын

She never once mentioned having medical debt. Praying she makes drastic changes, pays off her debts in 2 years ($69k = beans & rice cooked 100 different ways), then continues to work until she's at least 70, investing/receiving 401k match!! She won't be a millionaire, but she'll be fine.

@reader6690

8 ай бұрын

Well put. The fact that she has no savings could be due to: bills she didn't mention or simply life. Whenever someone says they have no money, we (including me), should not "assume" that the reason is foolish money management. Wages for millions of workers have been stagnant for decades. Add to that: an unexpected job loss or medical bills, and before you know it, you have nothing. That is REAL life.

@jeffrichey3623

8 ай бұрын

It is healthy to judge others choices when determining what are the better choices available. If you're saying that we should not condemn someone, I agree. But, it is perfectly normal to judge, especially when someone puts their life out there to be analyzed and picked apart on a radio talk show. My judgement, no one should wait until this age to start thinking about retirement. And I guarantee those surgeries did not occur in their twenties or thirties, likely not their forties, either. They decided to not care until it was too late to not care, which is their right. We all have our personal freedoms, but those freedoms come with personal consequences.

@kaelaleedaley

8 ай бұрын

Just to remind you dear Sister - there's no luck with God, it's purely His Will and our Obedience to Him

@patty109109

8 ай бұрын

Rubbish. Call it like it is: this woman and her hubby lived paycheck to paycheck for decades and never applied the discipline they should have. She bought a tractor despite student debt from the 90’s.

Why do I have a feeling she will be in the same boat 5 years from now?

@steelcastle5616

8 ай бұрын

I'd definitely make room in the budget for life insurance on the husband.

@CarlaQuattlebaum

8 ай бұрын

@@steelcastle5616 Hopefully he already has life insurance. Gonna be tough if she's just now getting it with his COPD and emphysema.

@PaulVanTiem

4 ай бұрын

She’ll be in the same tractor*

@Thegaoat

2 ай бұрын

@@steelcastle5616he's uninsurable at this point in his life.

@steelcastle5616

2 ай бұрын

@@Thegaoat Good point...

I need to save this video 26 years from Now when it’s relatable to me

@fauxbro1983

8 ай бұрын

or you can take steps today to ensure that doesn't happen

@opheliamyall2554

8 ай бұрын

😅. Come on. You will use this as a reminder of what not to do. ❤❤

@opheliamyall2554

8 ай бұрын

​@@fauxbro1983right

@moe4188

8 ай бұрын

@@fauxbro1983 I understand jokes and sarcasm are hard to read, but come on

I really like how Dave closed this segment by emphasizing that she shouldn't blame her background on why she's in this situation and instead think the opposite in a positive way. I've traveled to the South (Georgia and Tennesee) and man, I met people there who were the salt of the earth and lived wisely. Keep up the great content!

Finance and Business books have been so helpful. I’m 55 and my wife 50 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. No longer putting blames on FED for our misfortunes. Saving and investing lifestyle in the stock market made it possible for us this early, even till now we earn weekly.

@jessicasquire

8 ай бұрын

You have done great for yourselves. I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do for me now because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.

@Lemariecooper

8 ай бұрын

That is so amazing, I’m trying to get onto the housing ladder at 40. I wish at 55 I will be testifying to similar success.

@jessicasquire

8 ай бұрын

Thanks so much I was able to find her page and I already leave her a message.

@patrickbrussels4454

8 ай бұрын

The quickest way to make your first millions is to invest directly with an expert that is trustworthy and has made a name and individual billionaires, I'm surprised you know her too . Stephanie is Good!

@lakeishastone2777

8 ай бұрын

This is so amazing! Yall are still young and living a financial freedom life. I'm 35 and my husband is 39 we have been on Dave's plan since 2019 and I'm very proud of how we stuck to the plan. Plus we invest and have 401ks..We will be completely debt free once our home Is paid off. Can't wait to tell my story and see where we are In 20 yrs. This is so motivating. I wish we had started in our early 20s but 30s is better than never.

$2000 car nowdays will cost an arm and a leg to keep it on the road though

@lot2196

8 ай бұрын

Maybe. Maybe not.

@jimroscovius

8 ай бұрын

No it won't. That's about what my daughter's car is worth and no problems.

@DeportillegalAliens

8 ай бұрын

I would say 4 k civic

@lisab5904

8 ай бұрын

Not if you buy a reliable brand...Honda, Toyota, etc.

She seems like a sweet lady. I hope Dave's advice gets her on the right track to enjoy her golden years.

This video should go viral, like every young adult entering the workforce needs to see this. Because this global collapse might end up being a part of us for a very long time, we need to be prepared. With inflation currently at about 9%, my current primary concern is how to maximize my savings/retirement fund of about $810k which has been sitting duck since forever with zero to no gains.

@aureliobjm

7 ай бұрын

I'd advice you read up some good books on investing, or just you get yourself a financiaI-advsor that can provide you with entry and exit points on the shares/ETF you focus on.

@tommyers0

7 ай бұрын

@aureliobjm I agree, having a portfoIio-advisor for investing is genius! Not long ago amidst the pandemic crash in March 2020, I was really having investing nightmare prior touching base with a license portfolio-advisor. In a nutshell, i've accrued over $550k with the help of my advisor from an initial $120k investment thus far.

@Bezosjesss

7 ай бұрын

@tommyers It's a good time to buy and basically I've just got cash sitting duck in the bank too and I’d really love to put it to good use seeing how inflation is at an all time-high, who is this coach that guides you, mind I look them up?

@tommyers0

7 ай бұрын

@bezosjesss The adviser that guides me is HEATHER LEE LARIONI. She works with Empower FinanciaI services near my old office so I see her often to discuss my business. There are a lot of independent advisors you might look into. But for me, her strategy works hence my result. She provides entry and exit point for the securities I focus on

@Bezosjesss

7 ай бұрын

@tommyers Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals

This is terrifying

The pattern in her life that lead to this was taking on debt and keeping it around with no worries.

investing requires good experience and knowledge to carry out a good and successful trade, I have lost a lot trying to trade all by myself May I ask which investments are good??>>>>>>>

@AudraZapoticky55

2 ай бұрын

Considering that I am only three years away from retirement, it becomes challenging for me to solely concentrate on the long-term perspective. Despite having invested in reputable companies and having a significant amount of funds allocated, my profits have been stagnant. This situation raises the question: Does the current recession and unstable market offer any calculated risk opportunities for generating profits?

@Annis-co7vu

2 ай бұрын

I understand your concerns, my friend. I recommend exploring passive index fund investing and expanding your knowledge in this area. Personally, I experienced both successes and challenges when initially seeking a reliable passive income......,>>>>

@Madlyn55

2 ай бұрын

how do I get in touch with this consultant that assist??>>>>

@Annis-co7vu

2 ай бұрын

STEPHANIE KOPP MEEKS, that's whom i work with look her

@Madlyn55

2 ай бұрын

Thanks for these recommendations.....,,,

The only difference in my advice vs. Dave’s advice, and I’m one of his representatives, is that I would question the age of 67 for retirement. From my perspective, she has 0 years saved, so she has to work until she dies. Once she gets 1 year saved, she’ll have 1 year, etc. She has to do exactly what Dave suggested to get the debt gone, but I would push her to work as long as she physically can, or until her substantially older husband needs more care. The luxury of retiring at 67 is earned, and frankly, she hasn’t put anything away to be able to receive that benefit in life. It’s sad, but that’s the fact.

@TonyCox1351

8 ай бұрын

Yup. People want to eat their cake and have it too…spend spend spend their whole life but still retire as soon as they’re able

@vickieclark5931

8 ай бұрын

@@TonyCox1351 Yeah, that's why so many end up moving in with families or having to go back to work when they are in their 70s. They never should have retired in the 1st place cause they were far from ready. I would LOVE to retire. But I will not retire until my house is paid off and I have more funds in my retirement account.

@simplyme922

8 ай бұрын

She needs to work to at least 72 so she can have working income and social security income for a couple of years to stacks chips.

@Dividendflywheel

8 ай бұрын

Agree with your conclusion. Sad Painful reality of life. She MUST work as long as possible.

@joesmith3590

8 ай бұрын

She doesn’t even have time to really count on investing to save her. She only has a few years she just need to save everything. Starting retirement savings at 61 kills the compound growth. She be lucky to keep up with inflation on savings.

This is very sad, no financial literacy at this age.

@ykook7000

8 ай бұрын

Too far gone now won't pull it back anytime soon

There are people who were born, grew up, graduated college, and had babies in the time since she's gotten those student loans.

Conversations with people in a bad financial situation usually follow the same script. I can't (do this, fill in) because (fill in) I call them can't because people

My first job out of college was working for a 401(k) servicer and the amount of accounts I would see from retirement age people that only had a couple thousand in there was alarming. It was a really good lesson to learn secondhand on how important it is to start saving early and to NOT TOUCH your retirement and just let it ride and accumulate over time. I feel sorry for people in this position but it's your own responsibility to protect your assets and plan for your future.

@williammartinez840

8 ай бұрын

Some people do not get a financial education til late in life don't look down on them.

@neptunedawn7121

8 ай бұрын

I started saving for retirement when I was 38. However, I went to nursing school and I was forced to live on my IRA as I spent SIX years trying to launch a nursing career. I have accepted that I will be working until I am unable to.

@kensmith2796

8 ай бұрын

You are correct. I used to work for a Big 4 accounting firm and there was a senior manager that wasn't contributing to the 401k! This was someone who was probably making 180k/year.

She's 61 with no money but brings home $67,000 annually?! she should have something saved by now at the age of 61. All those years worked from 21 to 61 and no money to show for.

@lakeishastone2777

8 ай бұрын

That's a decent salary but not if you drowning In debt. She has been living check to check can't save from giving it to lenders plus interest.

@adamseidel9780

8 ай бұрын

She’s too busy buying $26,000 tractors to move brush around

@alinatamashevich3354

8 ай бұрын

@@adamseidel9780 On some junk land too!

@graceg3250

8 ай бұрын

Well, it costs around $45,000 to live in a studio apartment and have no emergency costs. And that’s only a little under what she’d take home after taxes. Also, we don’t know how long she’s been earning that much.

@QLOVELIFE

8 ай бұрын

@graceg3250 well, what I'm saying is that she's 61 yrs old and has NOTHING saved..from age 21 to age 61, you should definitely have some money saved, working all those yrs.

One of my good friends and I talk all the time about our spending habits in the US. We both make really good money, and we see folks spending exponentially more on eating out, etc. We’ve got to tighten up y’all.

@BusArch42

8 ай бұрын

Eating out is the destroying of your budget and health. I have some good friends who are generally pretty frugal people. Their only real indulgence is eating out. They have eaten from the day they started working after college. Every meal. They buy lunch and dinner out and bring leftovers home to eat for breakfast. We in contrast pack our lunches and make food at home. She is also a SHM since their first kid was born while both of us work while juggling home and kids. We are now almost 60 and it’s caught up with them. He is so tired and would like to retire soon. We are in solid financial shape, debt free with 4 M in assets. They still have a mortgage and only saved the 4% match in 401k instead maxing it out. Their health has also suffered. He is very overweight and she is stage 2 obese. Her joints are giving out and she can only walk about 1/4 mile. She developed diabetes by age 50. We are both healthy weight and green A1C. The big delta in our lifestyles in eating out. Sure it’s nice that I am FT now but I was PT for many years to take care of the kids and we had to pay for childcare. So our incomes weren’t that different. If they had eaten at home for the last 30 years they could have put 15% aside instead of 4%.

@musicman7297

5 ай бұрын

People waste money more and more.

I like how Dave says they are in emergency mode 😂... like all of a sudden he has panicked because she's in her 60s and no retirement funds. Newsflash Dave...there are many people in this same position. Please have more episodes like this with real down the earth families that have low income and no retirement.

@amireallythatgrumpy6508

8 ай бұрын

There is no reason people are in that situation other than a lifetime of stupidity.

Yes. You should absolutely take the 100% return on money match rather than walk away from $2,700 a year

it makes absolutely no sense to not invest the 4% in company match 401K, its an instant double on 4% of your income...Dave has lots of good advice but sometimes misses the finer points

You have no money but you're alive!

Dave’s hard swallow at 5:52 when she said she’d been paying on her student loans since 1999 🤯

One of my fears is to be old and broke. Who knows what would happen. The thought of it scares me.

Ain't no way she reaching 200k in 6yrs starting from zero lol. More like 100k.

@mannyjeanpierre4062

8 ай бұрын

You can currently max out all investment accounts to 30k a year. 30 x 6 is 180 not including growth and match. She could do it but yeah it ain't happening based off her tone lol

@ghjong001

8 ай бұрын

Their property is paid for, and their household income is probably in the 50k range after taxes. Once they clear the debt, if they don't have any major medical expenses, and if she's still earning the same salary, and if they cut their expenses down to the minimum, saving 25k per year should be in reach... But that is a lot of "if's".

@patriciajoyner9871

8 ай бұрын

I don't see how you can have 200,000. In 7 years

@jaysleeper264

8 ай бұрын

*Starting from -70k

This lady truly has no idea how much her 7 acres are worth. Bless her heart

I decided to take Social Security ASAP even though I don't need it! With the uncertainty of life span and the program's future, at least I'm able to be assured of getting some benefit from the system.

@augustalexander2647

8 ай бұрын

Take every penny from your corrupt ass govt gorl

@GodisGreatt

8 ай бұрын

If you don’t mind me asking…how old are you? Do you have to pay taxes on it? Can you still work and get paid without thresholds?

@carlaritchie331

8 ай бұрын

If working brings more income home, early retirement would not be smart in a case when there is no savings and still a huge burden of debts.

@steelcastle5616

8 ай бұрын

@@GodisGreatt no problem...64, no taxes are paid on it as long as I don't EARN more than $21,240 per year. After that, for every $2 I earn, they'll reduce my SS by $1.

@steelcastle5616

8 ай бұрын

@@carlaritchie331 I've heard that position. And if you want the math answer, then the accumulation of money is a logical focus. I chose to focus on quality of life over accumulation of funds. As I've grown older, I decided to travel to see relatives and friends (and places) before they pass away or get too old to remember me. I've missed out on several opportunities because of deaths and diminishing mental states of the people who have meant a lot to me in life. My pension and savings are enough for me to do this w/o SS. I see no reason to forgo an assured 70% of my FRA at 62 and bank on getting 30% or more years later due to an uncertain future (my death, benefit reductions, etc).

Social Security pays very little! This would be my worst nightmare! It's on us to be debt free and have some money saved for retirement. Buying expensive cars and tractors is insane! And when one spouse dies and there's no savings it's rough. I've seen elderly widowed people barely scrape by.

@PInk77W1

8 ай бұрын

Me 62. Just started receiving SS. $1712 a month take home. I’m Happy

@debragiovine9797

8 ай бұрын

If you made little income in your life time,,, your going to get a small SS check… The average SS is 1800.00 a month,,, look it up…

@georgewagner7787

8 ай бұрын

Take home? Please don't tell me they tax it. Iwas just doing a budget based on what they said i get...

@BusArch42

8 ай бұрын

@@georgewagner7787SS is taxed over a threshold amount.

@bunacat1

8 ай бұрын

@@georgewagner7787 It depends on what your income is for the Federal Government. If you are below a certain threshold, you won't pay taxes on it. Several states also tax on SS depending on your age when you start taking your payments or what your income level is.

Keep the land! Sell the tractor. I bought mine for 1800. Cleaned the carb and now its worth 4500. Will do everything yours does. Sell that tractor.

The other factor not looked at is to take care of your healrh . If you dont have that you dont have a retirement

@steelcastle5616

8 ай бұрын

Really...you think the solution here is to live longer? It sounds like they don't have enough money to live out the month.

@stevencole7331

8 ай бұрын

@@steelcastle5616 if the husband wasn't disabled to begin with and took better care of himself in his life they may not be in this difficult situation .

@steelcastle5616

8 ай бұрын

@@stevencole7331 Valid point, but some disabilities are not from not taking care of oneself.

@stevencole7331

8 ай бұрын

@@steelcastle5616 The illness reported in this segment is COPD and emphysema which most likely do to smoking which could have been preventable .Many illnesses are preventable with good lifetime health practices . It's not rocket science but for many it's difficult to accomplish in our society with such a promotion by corporations and advertisers to live unhealthy and rake profits without consequence to them except for the tobacco companies who have been paying ongoing litigation but still very profitable and legal to sell .

@margie909

8 ай бұрын

@@steelcastle5616 i think the comment referred to smoking. Husband's Emphsema and COPD are probably from smoking. Sad.

Yeah. Pretty sad. My mom became perminantly disabled about 15 years ago. No retirement, no savings, and has to rely on government now. But when she was working and in better Health, bmw convertibles were a priority over building wealth. I’m not making that mistake !

It has to be land-locked with no right-of-way or something crazy like that. I live near Little Rock and I can assure you there's NO 7-acre land value less than $4,000-$5000 per acre. Unless it's in a flood zone, or on top of crazy hill. Land like that, with utilities, would bring a premium.

They should have asked more about her retirement plan and the 4% match. Since she’s 61, the question should be, “can you access your retirement plan now?” If so, she should do the match and withdraw the money and get out of debt quicker. Her employer would be giving Her an extra $2,680/year and that’s free money. Remember, once you’re over 59 1/2, you can withdraw money with no penalty. Just talk to your plan administrator. 😊

@jacobmonti453

7 ай бұрын

That’s a good idea. Except they would never say to take out of retirement before retirement.

This is like watching Hoarders. It makes me feel better about myself. Like, ok, I'm not that bad off right now.

This is so sad, so many people in this situation. Wishing them the very best. 🙏🏻

The other thing no one wants to think about is with a sick spouse on SS if he/she passes away that income is gone and you will need to get by with even less.

@Jane-rh7tc

3 күн бұрын

hopefully by then she'll consider selling her tractor and hunting land for her retirement. she's obviously not convinced now she needs to give up on those yet

That lady is BA-ROQUE!

Im $4500 in debt with credit cards n im working to get rid of that but those high numbers are crazy

Hi Dave & Team, Thanks for the incredible work you guys are doing for Financial Independence. I am Samir Kulkarni from India & Me & my Spouse have been following your Baby Steps since June 2020. Good News Is on Sep 01 2023 we have paid off our Home Loan & are Debt Free I owe Thanks from Moon to Back to Dave Ramsey off course your Insights for us are Better than we Deserve Gods Grace be with you & with Every Mankind....Amen

I use to come to Dave for advise. Now I listen for the pure comedy. This man said sell your car and tractor. For a $2,000 cash car. This just shows how out of touch with reality Dave actually is. I sold my car and went down to one vehicle. I’ve been looking for a decent car for around 5K and there has been nothing!! Without it being over 300,000 miles. Dave would not be able to replicate what he did back in the day in today’s economy.

@christinagreenwood2370

8 ай бұрын

2 mo ago we bought a Hyundai with 118k for $3k. You have to look for cars that little old ladies drove to church and the hair salon.

@brucefredrickson9677

8 ай бұрын

Wrong...I bought my mom a decent Buick with 112k miles for 4k. It runs and drives just fine. Something has to change for this lady to stop buying stuff they can't afford. Her plan is totally broke.

@nessparadis6948

7 ай бұрын

My family always bought cars for around that price. They exist. You just have to know where to look.

@nitacollins9543

5 ай бұрын

I agree!!!!!! Times have surely changed

@coppingtonfarnham7731

4 ай бұрын

@@christinagreenwood2370 My wife and I go to estate sales and see old cars with low milage. Cars purchase by 60-somethings who are now late 70's+ (or deceased). Not sure what kind of shape a 15-20-year-old car is in...rotten hoses and tires and clogged lines, rust issues, sludge (?) but the route to go if you are low on cash.

Careful Dave, I don’t want you to get in trouble. The deer can stand boldly and spit at the Kobota, once the tag limit is reached. And bad advice about selling wild game. The best she can do is to GIVE some venison to her neighbor who also can’t afford their shiny new tractor.

I'm sure her husband will Not agree with Dave's advice to sell the tractor and car. Disabled, SS and 75? That's an argument waiting to happen!!

That is scary, even more than the young people who call in with high 6 figure debts. They have time to fix it.

I'm in my late 40s and using Dollar-Cost Averaging (DCA) for my TD investments. My Colleague sold few stocks, and re-entering the market is proving to be quite challenging. By the way, I also have my eyes set on owning a Dodge Charger, and there's absolutely nothing wrong with that.

@MimaLopez-jt4vq

7 ай бұрын

Good job. You can survive years without touching your savings? How much do you make? And how do you split is amounts saving, spending and investing?

@leocarter2065

7 ай бұрын

I have had some concerns about few share price movements and the current situation of our economy has opened my eyes to the importance of a good mentor that diversify your portfolio in general.

@johnsoncoleman1293

7 ай бұрын

I am looking to get into the markets, does anyone have an adviser that has made any notable changes to their portfolio? I am in the market for one. how can you tell a qualitative professional/how profitable has it been for you?

@jaydengabriel6932

7 ай бұрын

I collaborate with an investment advisor, and I play a significant role in shaping her strategies through my decision-making. Our approach is primarily focused on maintaining liquidity, and we actively participate in money markets and currency trading. So, yes, I'm still engaged in the financial markets. Over the past two months, I've achieved substantial profits, and we consistently update my watchlist after rebalancing my portfolio. Currently, I possess a portfolio valued at $2 million, and she diligently manages all activities related to the account.

@leocarter2065

7 ай бұрын

Take the time to thoroughly research and prepare, whether it's by arranging a meeting or engaging in a phone conversation to address your inquiries. I never finalize any financial choices without first seeking guidance from my financial advisor. You can conveniently contact her through a designated contact form. The professional I collaborate with is Kayla Tabitha Rodrigues, who specializes in optimizing portfolio allocations. She boasts an exceptional reputation and offers valuable assistance when you provide a detailed account of your situation.

As much as we feel bad for this person, just remember there are a lot of people that spent their youth partying and having fun in 1990. Those people also get old and will suffer later from poor decisions when they were young

@peartfaldo

8 ай бұрын

problem is...SOME people in govt call this inequality and will tax the crap out of the responsible and give it to these people. ALL for votes.....

@rickw3243

8 ай бұрын

@@peartfaldo Exhibit 1: Biden & Democrats.

@peternguyen1911

8 ай бұрын

So this country girl that was partying and having fun in 1990 was voting democrat all this time?

@chica4530

8 ай бұрын

@@rickw3243give it a rest and spend time doing research. You maga supporters don’t have a clue. He loves the uneducated.

@adamseidel9780

8 ай бұрын

Nobody should pity her one tiny little bit. She’s a fully capable individual, she’s just made repeated foolish decisions her entire life. Glad she enjoys her little bit of land, because it’s all she’s ever going to have the rest of the way.

She should absolutely take the company match. That’s 100% return, which is a much higher percentage than any of the loan rates.

She needs to scrape together every dollar she can including the match. This is one area I disagree with Dave. At her age, having zero retirement is a dire emergency. She needs to take that match, and put everything else to debt. She's too old to give up that free money.

@mannyjeanpierre4062

8 ай бұрын

The debt cancels out any retirement money she'd have. She should've started years ago thsts the real problem

@Chet_24

8 ай бұрын

I think she pretty much needs to sell everything she has and maybe retire in Thailand or Vietnam.

@JasonGroom

8 ай бұрын

​@@mannyjeanpierre4062the debt in no way cancels the match, which is what she should be doing

@megalodon1726

8 ай бұрын

I agree. She's old enough to withdraw from her 401k without the 10% penalty. She should put in enough to get the match, then withdraw the match amount and put it towards the debt (after paying taxes on the withdrawn amount).

@mannyjeanpierre4062

8 ай бұрын

@@JasonGroom a 4% match on a 4% percent loan would cancel out the returns. Most loans are more than that and she doesn't have much margin to even invest. She should've paid off the loans during the forbearance and started investing when the market was 25% down.

Thank you Rachel for given her some hope, and letting her know its not impossible. It will take ALOT of discipline, but she and her husband can do it.

@patty109109

8 ай бұрын

They can’t honestly. They are set in their ways and it’s just too late to pretend they are going to have an epiphany and a life change. It won’t happen.

@natureshealing6534

6 ай бұрын

​@@patty109109yeah...can't never could do nothing! Pfft!

Glad he gave her some hope.

This call was exhausting

She only has 6 years IF she's blessed with continued good health. Anything can surprise her and a working income will be a thing of the past. She may find that she will need to work beyond 67 if her health allows.

@vickieclark5931

8 ай бұрын

Many people work well into their 70s. My manager is over 70 and she runs around like a chicken with her head cut off. She moves faster than most of the 20 years olds do. That's why this lady needs to wake up. She still has a chance to fix her life where she can have a decent retirement. It's just that she won't be able to retire at 67 cause since she has no money and lots of debt. She maybe able to retire at 75 if she takes Ramsey's advice. If not, she will never retire. It's all up to her at this point.

@carlaritchie331

8 ай бұрын

That's a big assumption to anticipate everyone will be physically able as an option to work well into their 70's. That was my point, regardless of intent continuing to work is not always possible as the years pass. In fact while she is still able, she should get a second job to help knock out her debt as fast as possible.

Sale everything you have. You judt need two shirts. Two pants,etc

Im shocked they said dont do the 4 percent match. Thats 100% return on your money.

If you are over the age of 37 and you are going to end up like this when you are old, it’s time to make a change and get a better job.

Dave Ramsey’s advice is always the same! Sell everything you can and start over by saving your money and paying with cash. 😂