Ramsey Archives - DR News - News, Retirement, Finance

Distressed Caller to Dave Ramsey Show Panicked about Retirement at 54: Financial Pro Offers 2 Goals

A distressed caller from Florida revealed her concerns about retirement as she phoned into The Dave Ramsey Show. At 54, Denise, a realtor, expressed her panic about her financial situation, including a mortgage balance, car payments, and a relatively low gross income. Another caller, Steve, aged 48, sought advice as he had no retirement savings. Fred, aged 72 from Kentucky, also reached out with only $6,000 to his name. These anecdotes highlight the growing concerns …

Retirement Expert Dave Ramsey Shares Tips for Thriving in Your Golden Years

Nashville, Tennessee – Planning for retirement can be a daunting task, but financial expert Dave Ramsey provides valuable insights on how to ensure a fulfilling retirement. Ramsey emphasizes the importance of early financial planning and investing in long-term goals for a secure future. Retirement should not be viewed simply as a time to stop working, but rather as an opportunity to enjoy life to the fullest. Ramsey suggests creating a detailed retirement plan that focuses …

Social Security: Dave Ramsey Advises Claiming Benefits Early and Investing for Bigger Returns

Atlanta, Georgia – Renowned financial expert Dave Ramsey has sparked controversy with his unconventional views on Social Security benefits. Ramsey, a vocal critic of the program, has referred to Social Security as a “stupid thing” and a “mathematical disaster,” expressing his disdain for how it impacted his finances over the years. His perspective on when to claim Social Security benefits has challenged conventional wisdom in the financial industry. Ramsey advocates for individuals to collect Social …

Retirement Guru Dave Ramsey Shares Three Crucial Rules for Making Your Nest Egg Last

Colorado retiree Thomas, age 54, sought advice from financial expert Dave Ramsey on whether his $1.4 million nest egg was sufficient for retirement. Ramsey emphasized that the goal of retirement is not to deplete the savings but to live off the generated interest. He recommended Thomas to create a budget and rely on the returns from investments, rather than touching the principal amount. Ramsey outlined three rules for Thomas to prosper in retirement. First, he …

Backlash Grows for Dave Ramsey Over ‘#daveramseywouldntapprove’ Movement on TikTok

Nashville, Tennessee – Dave Ramsey, the renowned financial guru known for his ultra-frugal and conservative approach to debt, has recently faced backlash from younger generations for his ‘out-of-touch’ advice. The hashtag ‘#daveramseywouldntapprove’ on TikTok has gone viral, garnering over 66 million views as Gen Z and millennials criticize Ramsey’s financial philosophy. Critics argue that Ramsey’s advice, which includes forgoing luxuries, eating rice and beans, and taking on multiple jobs to pay off debt, is impractical …