Dave Ramsey: My Retirement Will Include Continuing to Host The Ramsey Show (2024)

Dave Ramsey: My Retirement Will Include Continuing to Host The Ramsey Show (1)

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Dave Ramsey quietly began shifting branding away from himself and more towards the Ramsey Solutions brand in recent years, but he says he doesn’t see any retirement in his immediate future.

During an appearance with The Iced Coffee Hour on YouTube, Ramsey was asked about any impending retirement plans. He said he had no idea of stepping away from his nationally syndicated radio program any time soon.

“I’m 63, I’ve been scaling back for a long time,” Dave Ramsey said. “Four years ago, I quit working on Fridays. Does that count? It’s a step in the right direction. We moved my son — 12 years he’s been working here, and the operating board moved him into the President’s role in January…he and I get to work together, so we’re having a blast working together.

“Some day, I’ll retire. But retirement for me, I’ll still do the show. As long as I make sense. If I quit making sense and I start hurting the brand, then we’ll have to take me off. Then I’ll become completely irrelevant and an angry boomer. I’m close now, maybe!,” he joked. “I’ll continue to speak as much as I can. I enjoy those things, so that will be my retirement.”

Dave Ramsey continued by noting that when he began approaching the age of 60, he recognized the importance of moving the brand to become more focused on Ramsey Solutions rather than just Dave Ramsey. He revealed that the company wanted to feature a 50/50 split in revenue between revenue tied him and then the rest of the company in 2022. However, in 2023, 78% of the company’s revenue came from “non-Dave” sources.

Dave Ramsey: My Retirement Will Include Continuing to Host The Ramsey Show (2)

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Related Topics:Barrett News MediaDave RamseyNews RadioRamsey SolutionsThe Iced Coffee HourThe Ramsey Show

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News Radio

“We’ve got so many great guests talking politics today but we do a lot of sports here. And that’s part of the reason why this show is so successful.”

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March 22, 2024

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(Photo: Paul Martinka/New York Post)

Sid Rosenberg has risen to talk radio prominence in the Big Apple. And he believes he didn’t get there by strictly sticking to politics.

Earlier this week, a portion of Rosenberg’s conversation with former President Donald Trump went viral, with many national outlets playing clips from the show.

And while he received acclaim for his discussion with the President, that didn’t stop Sid Rosenberg from talking about a sports topic directly after discussing the reaction to his interview with the President.

He shared there’s a method to his madness.

“We’ve got so many great guests talking politics today but we do a lot of sports here. And that’s part of the reason why this show is so successful,” Rosenberg stated. “We had this great sales meeting yesterday, it’s once a month, and John and Margo (Catsimatidis) come. And Chad (Lopez) explained to the whole staff ‘We’re not WFAN.’ Boomer and Gio right now are probably breaking down Drake and Duquesne. And I mean, no one cares. Not even the coaches. We’re not going to do that.

“But to do a show in New York City, especially a morning show, and ignore sports is — how do I say this? — effing stupid,” Rosenberg continued. “it’s the reason Don Imus had all those great personalities doing sports.”

Rosenberg — who rose to prominence in his radio career in sports — shared that he still loves sports and loves talking about sports, and in a market like New York, that still works on the air on a talk radio show, in his opinion.

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“There will be many announcements in the weeks to come.”

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March 22, 2024

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Conservative commentator Candace Owens departed The Daily Wire Friday morning, with CEO Jeremy Boreing making the announcement on social media. Owens has now spoken for the first time since the news was released.

In a post to X, Owens confirmed the news.

“The rumors are true — I am finally free,” Owens wrote.

The rumors are true— I am finally free.

If you would like to support my work, you can head to https://t.co/fOcTKYQDFk where you will be directed to my locals page.

Or, you can give a gift at https://t.co/SB1L1WZYwW

There will be many announcements in the weeks to come. 🇺🇸✝️

— Candace Owens (@RealCandaceO) March 22, 2024

Owens — who joined The Daily Wire in 2021 for a self-titled podcast — had sparred back-and-forth with Shapiro about each’s takes on the Israel/Hamas conflict after the October 7th terrorist attacks.

The “finally free” comment flies against the public comments from Boreing, who remained adamant throughout Owens’ public feud with the outlet’s co-founder Ben Shapiro that she was free to speak her own mind.

“Candace is paid to give her opinion, not mine or Ben’s. Unless those opinions run afoul of the law or she violates the terms of her contract in some way, her job is secure and she is welcome at Daily Wire,” Boreing maintained throughout the feud.

Included in her message announcing her departure from the conservative digital outlet was a statement claiming “There will be many announcements in the weeks to come.”

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“This number represents the number of users who have decided to ‘follow’ a show on Spotify — it doesn’t represent a show’s total audience or the performance of an episode.”

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March 22, 2024

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Earlier this year, Spotify agreed to a new contract with Joe Rogan for his popular The Joe Rogan Experience podcast. We now know how popular the show truly is.

According to a report from Bloomberg’s Ashley Carman, Spotify has quietly launched a feature sharing how big the audiences are for shows it distributes, including Rogan, Call Her Daddy, and other giants in the podcast realm.

With the new figures available, The Joe Rogan Experience has 14.5 million followers according to Spotify. While that number is lower than his YouTube subscriber count — 16 million — it dwarfs virtually every other podcast. TED Talks Daily is the next closest audio program, with 5 million followers on the platform. Call Her Daddy, Crime Junkie, Stuff You Should Know, Anything Goes with Emma Chamberlain, and Huberman Lab are the only other shows eclipsing the 3 million follower mark.

“This number represents the number of users who have decided to ‘follow’ a show on Spotify — it doesn’t represent a show’s total audience or the performance of an episode,” Spotify told Bloomberg. “The early feedback from both creators and users has been encouraging. We have no further details to share at this time.”

Those figures are different from the Podtrac rankings that are released each month, with noticeable shows like Dateline NBC not in the top 10 podcast rankings. A spokesperson for Spotify claimed some shows didn’t have the functionality on their pages to be completely counted because the newly launched feature hasn’t been completely implemented yet.

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Dave Ramsey: My Retirement Will Include Continuing to Host The Ramsey Show (2024)

FAQs

What does Dave Ramsey suggest for retirement? ›

When it comes to saving for retirement, money expert Dave Ramsey knows exactly how much you should be setting aside. Ramsey's recommendation, which he shared on his website Ramsey Solutions, is to invest 15% of your gross income into your 401(k) and IRA every month.

What are the 4 funds Dave Ramsey recommends? ›

And to go one step further, we recommend dividing your mutual fund investments equally between four types of funds: growth and income, growth, aggressive growth, and international.

What is the $1000 a month rule for retirement? ›

One example is the $1,000/month rule. Created by Wes Moss, a Certified Financial Planner, this strategy helps individuals visualize how much savings they should have in retirement. According to Moss, you should plan to have $240,000 saved for every $1,000 of disposable income in retirement.

How much money does Dave Ramsey say you need to retire? ›

Some folks will need $10 million to have the kind of retirement lifestyle they've always dreamed about. Others can comfortably live out their golden years with a $1 million nest egg. There's no right or wrong answer here—it all depends on how you want to live in retirement!

What is the 3 rule in retirement? ›

The 3% rule in retirement says you can withdraw 3% of your retirement savings a year and avoid running out of money. Historically, retirement planners recommended withdrawing 4% per year (the 4% rule). However, 3% is now considered a better target due to inflation, lower portfolio yields, and longer lifespans.

What does Suze Orman recommend for retirement? ›

Orman likes Roth plans, where you pay taxes on your contributions but get tax-free withdrawals in retirement. Not all employers offer Roth 401(k)s, so if yours doesn't, there's another option. Save in a Roth IRA. If you don't have a Roth 401(k) available, you can open a Roth IRA instead.

What is the 1234 financial rule? ›

One simple rule of thumb I tend to adopt is going by the 4-3-2-1 ratios to budgeting. This ratio allocates 40% of your income towards expenses, 30% towards housing, 20% towards savings and investments and 10% towards insurance.

What does Dave Ramsey say to invest in? ›

The best way to invest for long-term, consistent growth is to put your money into good growth stock mutual funds. A mutual fund is an investment that pools money from a group of people to buy stocks in different companies.

What is the biggest wealth building tool Dave Ramsey? ›

“Your most powerful wealth-building tool is your income. And when you spend your whole life sending loan payments to banks and credit card companies, you end up with less money to save and invest for your future.

Can you live off $3000 a month in retirement? ›

Top the amount with 401(k) savings, living on $3,000 a month after taxes is possible for a retiree. For those who only have social security benefits to rely on, there are many places where they can retire on their checks both in the USA and around the world.

Can I live on $2000 a month in retirement? ›

“Retiring on $2,000 per month is very possible,” said Gary Knode, president at Safe Harbor Financial. “In my practice, I've seen it work.

Can I retire at 70 with $300 K? ›

If you have a generous income from pensions or Social Security, $300k might be plenty. But without significant resources, your spending needs to be relatively low. The amount you'll spend depends on several factors. For example, costs depend on where you live, what health issues you face, your lifestyle, and more.

How much is $100 a month from 25 to 65? ›

Dave Ramsey on X: "$100 a month invested from age 25 to 65 is $1,176,000.

What happens if you save $100 dollars a month for 40 years? ›

Your Retirement Savings If You Save $100 a Month in a 401(k)

If you're age 25 and have 40 years to save until retirement, depositing $100 a month into a savings account earning the current average U.S. interest rate of 0.42% APY would get you to just $52,367 in retirement savings — not great.

What does Dave Ramsey say about 401k? ›

For personal finance guru Dave Ramsey, one retirement account option stands apart from the rest. Ramsey recommended contributing to a company-administered 401(k), but not necessarily the traditional version. “We always recommend the Roth option if your plan offers one,” said Ramsey.

What is the 45 rule for retirement? ›

Fidelity's 45% rule states that you should plan to save and invest enough to replace at least 45% of your preretirement income. This rule assumes that you retire at age 67 and have no pension income, other than Social Security.

What is the ideal retirement money? ›

Fidelity's guideline: Aim to save at least 1x your salary by 30, 3x by 40, 6x by 50, 8x by 60, and 10x by 67. Factors that will impact your personal savings goal include the age you plan to retire and the lifestyle you hope to have in retirement. If you're behind, don't fret.

Is 55 too late to start saving for retirement? ›

It's never too late to start saving money for your retirement.

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