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Dr. John Deloney

👤 Speaker
14411 total appearances

Appearances Over Time

Podcast Appearances

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

And so I want to always hold that, that y'all are doing everything right and life happens. It happens to all of us. And you guys are in a pretty good position. And assuming that we can get through the next few weeks, months, years, decades with – The last 80 to 100 years being similar to the next 10 to 20 years, you can expect-ish that that 1.7 becomes 3.4 by the time you're 67.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

And so I want to always hold that, that y'all are doing everything right and life happens. It happens to all of us. And you guys are in a pretty good position. And assuming that we can get through the next few weeks, months, years, decades with – The last 80 to 100 years being similar to the next 10 to 20 years, you can expect-ish that that 1.7 becomes 3.4 by the time you're 67.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

And so I want to always hold that, that y'all are doing everything right and life happens. It happens to all of us. And you guys are in a pretty good position. And assuming that we can get through the next few weeks, months, years, decades with – The last 80 to 100 years being similar to the next 10 to 20 years, you can expect-ish that that 1.7 becomes 3.4 by the time you're 67.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

And then that 3.4 becomes 6.8 by the time you're 75-ish, 74-ish.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

And then that 3.4 becomes 6.8 by the time you're 75-ish, 74-ish.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

And then that 3.4 becomes 6.8 by the time you're 75-ish, 74-ish.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

Right. And that's like, for me, the thing I might, I'm just trying to project myself. If I got $1.7 million in retirement accounts and a paid for house and I'm 60, I would probably let health insurance expire at 65 or 67, like whatever age you have that set to expire. But if you have an extra, off the top of my head, I'm making up a number. And you may roll your eyes.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

Right. And that's like, for me, the thing I might, I'm just trying to project myself. If I got $1.7 million in retirement accounts and a paid for house and I'm 60, I would probably let health insurance expire at 65 or 67, like whatever age you have that set to expire. But if you have an extra, off the top of my head, I'm making up a number. And you may roll your eyes.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

Right. And that's like, for me, the thing I might, I'm just trying to project myself. If I got $1.7 million in retirement accounts and a paid for house and I'm 60, I would probably let health insurance expire at 65 or 67, like whatever age you have that set to expire. But if you have an extra, off the top of my head, I'm making up a number. And you may roll your eyes.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

I don't know how much monthly long-term care insurance costs, whether it's $300 or $800. But if that's a payment you can stomach for the next decade, and it's just going to let you have a little more peace in retirement, man, I'd throw that out the window. You might spend that on fishing gear and coffee in retirement, right? That's right. Okay.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

I don't know how much monthly long-term care insurance costs, whether it's $300 or $800. But if that's a payment you can stomach for the next decade, and it's just going to let you have a little more peace in retirement, man, I'd throw that out the window. You might spend that on fishing gear and coffee in retirement, right? That's right. Okay.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

I don't know how much monthly long-term care insurance costs, whether it's $300 or $800. But if that's a payment you can stomach for the next decade, and it's just going to let you have a little more peace in retirement, man, I'd throw that out the window. You might spend that on fishing gear and coffee in retirement, right? That's right. Okay.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

Can we double click on that? You're a teacher? What did your wife do?

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

Can we double click on that? You're a teacher? What did your wife do?

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

Can we double click on that? You're a teacher? What did your wife do?

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

Good for you. Congratulations, guys.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

Good for you. Congratulations, guys.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

Good for you. Congratulations, guys.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

No, no, no, no, no, don't do that, don't do that, don't do that, don't do that.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

No, no, no, no, no, don't do that, don't do that, don't do that, don't do that.