I'm 71 With No Retirement!

Say goodbye to debt forever. Start Ramsey+ for free: bit.ly/3g11A2V

Money doesn’t buy happiness, but being broke sure causes stress.

The biggest misconception that most young people have is that they won’t get old.

I admire the caller. It took courage for her to call, and I think she's going to get through this.

He really didn’t have the advice that he usually has for others. This lady represents a segment that is huge part of our world. Bless her for calling.

Finally Dave took a call from someone worried about their retirement who didn't have a $95K pension, $750K in an IRA, $500 in savings and an spinster aunt who was about to will them 1.5 million and an estate. Made the old boy sit and think for a few. Welcome to the real world, Dave.

The "cleaning homes" at age 71 was heart breaking for me.

It’s great to hear from a person that’s like us and not someone who clears 200k. Blessings to this caller

I am in my early 60s and retired at 53. Lots of people gave me pushback because they had difficulty grasping the concept of not working if you don’t have to. I looked at my life as stages. I earned everything I have now through a lot of hard work, but I owe it to myself to “stop and smell the roses” in my final stage of life. In my case I left the country after I retired and live in Latin America. It allowed me to get away from all the negative things happening in America while appreciating my new environment. I have yet to meet anyone who regrets retirement.

This was hard to listen to. Everybody take notes.

I'm in my 50s and I'm more interested in investments that could set me up for retirement , I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?

I'm 48, sad to say I made terrible money decisions growing up which I'm presently paying for, been dedicating every waking hours towards my retirement and I'd really love to retire to Portugal with at least $3million by, the market up and down is not helping at all.

A Financial Planner told me Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. How can take advantage of compound interest and potentially grow your retirement savings overtime?

That house saved them. Imagine if they were paying rent 😔

You never want to be the person that makes Dave pause and think. lol. That tells you that you are in actual deep doo doo.

I admire the financial independence of people, But you can live better if you work a little more. After watching this I think there are people out there, on the extreme, who plan to die early just to be able to retire early. To each their own but to me retirement isn't just about not having to work, it's about having the freedom to do whatever you might reasonably want, such as travel, buying things, enjoying life, etc. I don't think I could retire with less than $3m in income-generating investments, maybe $2m at the very minimum. I plan to work until I'm at least 45

We don't spend money. We just eat out. Do people realize that eating out is AT LEAST twice as expensive than preparing your own meals.

Man this was a scary call just thinking that lady is cleaning homes in her 70s

God Bless this woman. My heart goes out to her. Housework is hard work. I pray things work out for her and her husband.

My heart goes out to her and her husband. Nobody wants to be in this predicament. I just turned 25 and I’m paving the way for myself to be financially stable/responsible