An 84-year-old widow from Chattanooga named Jean called into The Ramsey Show after $45,500 vanished from her wealth management account. She had $169,790 in the account total. The thieves took a slice and left.…
A 70-year-old couple with $2.6 million in assets and roughly $260,000 of annual retirement income thought their move to Naples, Florida, had freed them from Massachusetts income taxes. It had not. Their mistake, one…
Kevin from Charlotte called The Ramsey Show with what sounded like a reasonable plan. He and his girlfriend wanted to buy a house. Her dad would gift them $35,000 for a down payment. They…
George Kamel, the Ramsey Network personality and co-host of The Ramsey Show, recently put a question to a 22-year-old caller that every reader who has just paid off a debt should answer for themselves:…
Jon Ostenson made the pitch directly on The Investing for Beginners Podcast: “if you have a spouse that’s a high-wage W-2 and you’re a W-2 as well, and it’s like you don’t get any…
A 60-year-old caller phoned Ramsey Everyday Millionaires with a clean setup: $4 million net worth, $250,000 in annual income, and a $400,000 Great Harbor 40-foot trawler in his sights. Under the traditional income-based yardstick…
A retiree opens their Social Security statement, sees an estimated benefit of roughly $2,100 a month, and wonders why the elusive maximum check is more than double that. The answer comes down to three…
A 65-year-old walks into a meeting with an insurance agent holding a $700,000 IRA. The pitch: Hand over the full balance, and get a single-premium immediate annuity (SPIA) paying $4,800 a month for life,…
A $720,000 retirement portfolio presents many 65-year-old retirees with a choice between two very different income strategies. One option is purchasing a duplex in a stable rental market such as Indianapolis and collecting rental income.…
The 1% Rule From Clark Howard Consumer finance host Clark Howard, who has spent decades answering listener questions on saving and debt, put his entire philosophy into one sentence: “I increase what I save…
A 75-year-old widow with $1.8 million in savings, no children, and a desire to support her alma mater faces a challenge familiar to many affluent retirees: generating dependable income, reducing taxes, and creating a…
Dave Ramsey, on the April 10 episode of The Ramsey Show titled “Start Telling Your Money Where To Go,” made the case for converting traditional retirement accounts to Roth as a legacy play: “Let’s…
At age 58, Robert wants to replace his $90,000 salary with investment income. For many investors, covered call ETFs have become an attractive option because their advertised yields are substantially higher than those available…
A 67-year-old retiree with $325,000 in investable assets and $2,400 per month in Social Security income occupies a challenging middle ground. Social Security may be sufficient to cover essential expenses, but achieving a more…
Your daughter, recently divorced, arrives with two toddlers, a vanload of boxes, and a request you expected to hear: just six months, while she gets back on her feet. You and your spouse are…
