Reported about 1 year ago
Financial expert Dave Ramsey emphasizes that retiring broke is the individual's responsibility, stating that everyone who has worked should have savings. Ramsey outlines his seven Baby Steps to Financial Peace, with Step four being crucial for saving $1 million for retirement. By investing early and consistently, ideally starting at age 25, and following his advice to save and invest wisely, individuals can work towards a comfortable retirement. Ramsey stresses the importance of debt repayment, emergency fund savings, and consistent retirement contributions to achieve financial security in the future.
Source: YAHOO