Title | : | I’m 61 and Have No Money! |
Lasting | : | 9.15 |
Date of publication | : | |
Views | : | 467 rb |
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The average social security check is $1827 a month The worst part is 22 of Americans have less than $5k saved for retirement Start investing now! Nobody is coming to save you Comment from : @Doracox22 |
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This is the stuff I get so frustrated about This can’t be our problem as a society to support all these people who don’t even try to plan their future Financial planning needs to be taught in high school Comment from : @sarahescott-s5w |
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Student loan? 🤦♂️ Comment from : @daybyday-365-4U |
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What a mess Comment from : @Brooklyn-rj3np |
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The stupidity of some people is comical Comment from : @colbymann |
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How he can tell her she didn’t try to sell the trailer 😂😂 Comment from : @lelebella3252 |
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I think a paradigm shift is need A re-evaluation of "want" if you will Comment from : @Blackwell-III |
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Nice Comment from : @HELLOSEMPA |
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Ain’t no way her land is that cheap Comment from : @justmythoughts2786 |
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Obviously country girls don't do smart stuff Comment from : @bookiester |
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7 acres worth $3000 yeah this lady doesn’t even know how much her land is worth Comment from : @monkeymanpc |
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It always surprises me that most [a good deal] of people don't know you can retire from Social Security @ 62 67 is FRA aka as Full Retirement Age She won't receive as much, but I'm sure around $1600 or around thereof - with COLA every year she won't be in much better place if she retires now vs waiting for 7 more years Only thing is @ 67 you can work as much as you like without contingencies Comment from : @Mahlerweber |
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When I graduated with my masters, there was this old man who graduated with me He said it was his seventh degree and he’s been getting all these degrees to help him get a better job in his 50s I remember thinking that that was really cool Now I’m wondering if he’s owning student loan debt and if he was an idiot Comment from : @bookbag6432 |
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She doesn't know which end is up Comment from : @BlackKettleRanch |
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I bet I know who she voted for Comment from : @dianabehr3169 |
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I guess college didn't do much for the financial situation Comment from : @telecasterbear |
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She should work as long as she can and delaySS if she's healthy Comment from : @mgwright56 |
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wake up ppl this common now ! my mother in law 73 years old got 60k saved and expect me and wife to bale her out when she goes broke! BROKE people don’t retire that’s what my grand parents told me Comment from : @mike-rq3hb |
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You are a funny man Ramsey 🤣 Comment from : @Simpleevolution |
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Investments are the roots of financial security; the deeper they grow, the stronger your future will be" Comment from : @MathildaCarina |
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67000/year is a good income in the UK A lot of people earn half of that salary Comment from : @elly03_makeup |
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Not getting the match is crazy You aren't beating a 100 return by getting out of debt Comment from : @michaelweyenberg6238 |
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On 7 acres, you could get a very nice old Ford 8n or similar for about 1/10 of that amount A 700 acre farm that was their income would be another story Comment from : @timothyrussell1179 |
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I don't understand the sell the car They live in the country, how are they supposed to move around? Comment from : @user9318a |
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My husband is 100 percent disabled but we need a 26k tractor cause we are hunters Comment from : @ericjennings853 |
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I really do not understand how people get into this situation! I always led a frugal life, no credit card in the house EVER, my appartment (there are only two units on the plot/ in the house) was paid off at age 28 and I am going to retire at age 63 with a nice nest-egg in various accounts My net-pension will be 1800 € at that point and another one of more than 300€ will start at age 67 The other owner of the house and I plan on doing some upgrades on the house starting next year, all cost accounted for already How was I able to pull this off on a part-time job with having had three kids to raise as a single mom? Never had a car! Comment from : @renatesiebke5723 |
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take social security at 62- end of problem Comment from : @frankrosa7047 |
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Dave should have made this call really short and said point blank your not retiring, you have made poor decisions with your life Comment from : @MB_1313 |
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I see a lot of y’all judging and giving advice, but statistically a portion of y’all are in the same boat Shut your mouths Comment from : @jaredbryant8297 |
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SS will be gone soon sadly Comment from : @nick2s |
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I am also broke with no retirement I'm also in Little Rock, Ar I would love to know how she's progressed since this call Comment from : @memyselfandi634 |
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Wow Comment from : @kellywilliamson2187 |
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We most definitely need more videos like this I’m 59 and have no retirement either but I’m snowballing everything to save for retirement my car is paid off 1 credit card only thing I owe is $11000 in taxes and $8000 on my credit card pushing hard to pay both those off I do put money away for retirement I’m not broke but I did need to see this episode Comment from : @lupeochoa7482 |
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I'll give her 10,000 for the land Comment from : @darryldickson4360 |
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How do people live for 60 years and have no concept of saving money unless they happen to "discover" Ramsey Insane Comment from : @kvgolfa |
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Im 50 and before i can get social security is going to be 32 less a month Im screwed Time to buy a tent Comment from : @luckyguy197474 |
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Don’t feel bad I’m 65 making over 100,000 a year and there’s no way I can pay down my $5000 in credit card debt for the last four years Comment from : @Collusion10 |
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Thank God I learned a trade instead of college I retired comfortably at 55 and they paid me to learn Comment from : @macpony2571780 |
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How is it possible that two people can live in the USA in their 60s and 70s with nothing ?brI know everybody has their own situations But come on Comment from : @Philippinesbound42 |
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She's frozen in time since 1980br3/4k for 7 acres Silly sally, hilly Billy's wife Comment from : @ScorpionX669 |
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Adjust your sails!!!!!brbrYou’ll have to face reality, change & adapt!!! Comment from : @cherylpeterson1 |
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retired at 67? omg Comment from : @markusvienna231 |
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Unbelievableschools should seriously include "Finance management" as a pre-requisite in college Comment from : @elizmon8526 |
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She isn't selling that tractor Comment from : @inthedarkwoods2022 |
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So these people vote red and rely on social security Comment from : @Feyenoord101 |
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61 and still have student loans 😮 Comment from : @Feyenoord101 |
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Bruh moment right there Comment from : @M2000-v2g |
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The HUGE incoming problem no one wants to admit, is “saving” worthless dollars is pointless SUPERINFLATION is eating it up fast Comment from : @MyraChavez-dy6ip |
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Get a caravan on the site and Airbnb it Grow fruit and veg and pickle and make wine Rent it out to graze Get solar panels Comment from : @goodgirlsguide |
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Wow $3000 is 100 square feet of farmland in iowa Comment from : @jeremyrounds6821 |
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STUDENT, LOAN? AT 69LOL Comment from : @TexasRanchu |
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Hope… I learnt long long ago Hope is for fools lady Dont hope Act Comment from : @Kennybooy9 |
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00:58brbr“What do you make?”brbr“No money” Comment from : @mustangthings |
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Success depends on the actions or steps you take to achieve it Building wealth involves developing good habits like regularly putting money away in intervals for solid investments Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future Comment from : @EvaHoffmann153 |
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5:57 oMG 1999… you lying!!! Is this legal Comment from : @Kuncous |
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If you make 70000$ and have no money, it means you're spending too much money Comment from : @cookinthekitchen |
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6:24 ☠️DAMNN Comment from : @aryanks7054 |
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Sell the tractor Quit the food plots You don't need them to hunt Take the time you save playing country girl and get a part time job to pay off your debt Time to pay the piper for all the mistakes you made Comment from : @2anonymous |
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As of now, I'm doing well and have roughly $1M saved for retirement It might be unsettling to go from accumulating wealth to spending, particularly in light of the rapidly rising rate of inflation What happens when I max out my tax-advantaged retirement savings, I wonder? Comment from : @LuvmeRos |
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$26k tractor to turn into $150k and $18k car to turn into 100k for retirement Did you get that? Comment from : @WeatherNut27 |
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“I want your husband afraid he’s gonna be sold next” Killed me 🤣 Comment from : @juliahall4359 |
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Dave at 7:09 Comment from : @LuisSanchez-jj1os |
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I just wonder which degree make you still have student loan at 61 but only make $67k/year?brGenerally speaking that’s not a bad income for someone with student loan in their 20s, 30s fresh out of college but student loan in 61, seriously Comment from : @phamhuynhminhthu5629 |
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So depressing Poor lady Comment from : @daveed469 |
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I believe Dave is being very optimistic 200K in 6 years is a stretch Saving 15 of my pay with a 4 match still took me 5 years to reach 100K and i earned more than she earned Comment from : @calvinhaynes5781 |
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She thinks she will retire at 67 bless her heart Comment from : @quietferocity |
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Does she at least have a pension? Comment from : @KFGKingOfGames |
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This is someone that was never THAT BOTHERED with having debt, let’s be real You’re either CRAZY BOTHERED by debt or NOT THAT BOTHERED with debt Comment from : @shinken209 |
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Stop buying things you can't afford!!!!! Comment from : @ashleychase9759 |
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I've never heard of a baby sitter making $67,000 in Arkansas Comment from : @ronhansen4786 |
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I’m 62 and have no money I received half of 401k in divorce I also get 750 a month alimony I cannot afford to live I don’t have a can I need to receive the hardship from 401k I don’t have debt I need money to live I will be homeless Comment from : @Notit66 |
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Whenever there's money trouble there's almost always a tractor If only I had a nickel for every tractor story I hear about! Comment from : @Mike-pj1kv |
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Hunters deserve to be broke Comment from : @yvonnelink8943 |
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I think everyone collectively said why do u have a tractor Comment from : @nacerhi5486 |
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How do people wait this long to worry about debt and retirement It’s mind boggling Comment from : @Eddie_Munster |
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This can't be right Her land is worth more than $500 per acre Comment from : @brandonvise8879 |
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OMG! I thought I was in a bad position! These people are in terrible situations! Comment from : @joydillon3952 |
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this guy is a jerk Comment from : @AmmoMaster |
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I’m one state over from her I’ll buy that 7 acres tomorrow for that price Comment from : @scottgoodson5132 |
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yeah, her land is worth way more than that Comment from : @sherockow |
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Why the F**k do people take sooo long to get out information? They drag out the information, yet humans can grasp up to 400 per minutes TALK FASTER! Comment from : @datinsky69 |
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What a precarious position to be in Comment from : @KathleenMcNe |
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Paying a student loan since 1999??? Comment from : @joshmack |
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Nobody buys Kubota, nobody! Comment from : @daviddinkins7009 |
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Dave acts like he has the answer for everything and he doesn't So self righteous Comment from : @Elizabeth12cu |
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My original retirement plan was to retire at 62, work part-time, and save money However, high prices for everything have severely affected my plan I'm concerned if people who went through the 2008 financial crisis had an easier time than I am having now The stock market is worrying me as my income has decreased, and I fear I won't have enough savings for retirement since I can't contribute as much as before Comment from : @NicholasBall130 |
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