cover of episode Quit Looking for a Shortcut!

Quit Looking for a Shortcut!

2024/1/15
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The Ramsey Show

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Cashing out a retirement account before 59 1/2 incurs a 10% penalty plus taxes, making it a costly shortcut. Instead, focus on increasing income through freelance opportunities or a better job.

Shownotes Transcript

Dave Ramsey & Ken Coleman answer your questions and discuss:

  • "My mentor is mad that I didn't invest with him,"

  • "What's the best way to pay off my debt?"

  • "Should I pay off my house with my IRA?"

  • "Should we move closer to my work?"

  • "How do I ask for a raise increase?"

  • "I feel stuck in my job,"

  • "Can I buy a house without credit or in cash?"

  • "Should I sell my real estate investments?"

  • "We're upside down on our cars,"

  • "Should I change careers?"

  • "How do I talk to my foster son about money?"

  • "Should I roll over my IRA?"

  • "Should I look for a new job?"

  • "How do I negotiate my work compensation?"

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