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65-Year-Old With $110K Saved Asks If He Can Retire in 7 Years — Dave Ramsey Says 'You Have No Money' and Tells Him to Stop 401(k) Contributions [Yahoo! Finance]

Apple Inc. (AAPL)  More Company Research Source: Yahoo! Finance
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That's exactly where one caller found himself in when he phoned into "The Ramsey Show" and laid it all out. In a video posted to Facebook , 65-year-old Rick wanted to know if he could retire comfortably at 72. But the math wasn't exactly on his side. "I'm 65 years old, and I'm wondering if I'll be okay to retire in seven years," Rick said, kicking off a conversation that quickly turned into a financial intervention. Don't Miss: ‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.26/share with a $1000 minimum. Can you guess how many retire with a $5,000,000 nest egg? The percentage may shock you He told Dave Ramsey he had $110,000 in his 401(k) and just $5,000 in his emergency fund. On the debt side, things were heavier: he still owed $136,000 on his house, $30,000 on his truck, and—surprise—$22,000 on solar panels he thought he bought "outright." Ramsey corrected that last part, not [Read more]
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Stockreport

65-Year-Old With $110K Saved Asks If He Can Retire in 7 Years — Dave Ramsey Says 'You Have No Money' and Tells Him to Stop 401(k) Contributions [Yahoo! Finance]

Apple Inc.  (AAPL) 
More Company Research Source: Yahoo! Finance
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
That's exactly where one caller found himself in when he phoned into "The Ramsey Show" and laid it all out. In a video posted to Facebook , 65-year-old Rick wanted to know if he could retire comfortably at 72. But the math wasn't exactly on his side. "I'm 65 years old, and I'm wondering if I'll be okay to retire in seven years," Rick said, kicking off a conversation that quickly turned into a financial intervention. Don't Miss: ‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.26/share with a $1000 minimum. Can you guess how many retire with a $5,000,000 nest egg? The percentage may shock you He told Dave Ramsey he had $110,000 in his 401(k) and just $5,000 in his emergency fund. On the debt side, things were heavier: he still owed $136,000 on his house, $30,000 on his truck, and—surprise—$22,000 on solar panels he thought he bought "outright." Ramsey corrected that last part, not [Read more]
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