The Ramsey Show

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Change Your Mindset, Change Your Life

Explore episode Aug 7, 2026

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Jenna in Des Moines: 62 Years Old, $150K Inheritance, Zero Retirement

At 1:35:01 · chapter starts 1:30:10

Jenna from Des Moines has had a genuinely difficult decade: she lost her hearing in 2013, spent years without knowing her insurance would cover a cochlear implant (didn't find out until 2022), and had to pivot from her previous career to building a solo house-cleaning business. She's debt-free, owns no property, and has $150,000 in the bank from her late mother's estate — but zero retirement savings. Dave's prescription: invest it with a SmartVestor Pro, learn before you put in a dollar, and watch compound interest do the work. At 10%, money doubles roughly every 7 years — $150K becomes $300K at 69, $600K at 76. The key instruction: don't invest in anything you don't understand, because misunderstood investments steal peace. Zander and Ramsey insurance providers sponsorship closes the segment.

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62 Years Old, $150K Inheritance, Zero Retirement — What Now?

Change Your Mindset, Change Your Life · Aug 7, 2026 Business

Jenna is approaching 62 with nothing saved for retirement and $150,000 from her late mother sitting in a low-yield savings account. Every 7 years in a mutual fund, that $150,000 doubles. By 69 it's $300,000; by 76, $600,000. The money she's letting idle in a bank account is costing her a fortune in lost compounding. The first step: sit down with a SmartVestor Pro and learn before you invest.

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