“Invest 15% of income into retirement… other 2,000 and save for a house… would sit at right about $5.6 million”
DR
Dave Ramsey
The Ramsey Show ·
“Take 15% of his income out, approximately $15,000 out of the equation per year, and we’re going to live on that.”
The Ramsey Show · Don't Wait For Motivation - Take Action
Play from 7:09
7:09
Audio streams from the publisher’s own feed. Verbatim does not host or copy it.
What was described
Recommend allocating 15% of the husband's income (~$15k annually) to retirement while living on his net income
15% of husband’s income; approximately $15,000 per year
Said nearby on the same subject
“‘Get 10 to 12 times your annual income, 15 to 20-year term… invest the difference.’”
♫
Said on The Ramsey Show
“It's a simple formula. And what it is, is it calculates a ratio, a number that takes your net operating income divided by your total annual debt service, your debt payments, and it gives you a number that can be used to compare.”
HL
Henry Lopez
The How of Business - How to start, run, grow and exit a small business. ·
“When I get to retirement, the money that my money makes is not going to continue making money… every dollar it makes is going to come to me as my income”
BS
Bec Syed
She's On The Money ·
Moments like this, every Monday
The strongest new moments on your topics, in the speakers' own words. Free for three topics.
No card. No password. One-click unsubscribe.
Track a competitor?
Pro watches up to 25 names or phrases and emails you the morning after they are said.
See Pro, $29 a monthVerbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.