Dave Ramsey: No retirement cash at 58
I’m 58 years old and have nothing set aside for retirement. My wife and I are on Baby Step 2 of your plan and paying off debt. We have $37,000 in debt not counting our home and five kids still at home. We have a household income of $73,000 a year, and were wondering if we should go ahead and start Baby Step 4, investing for retirement, instead of paying off the debt.
Updated Sep 17, 2017 at 9:30 PM