The Ramsey Show Highlights / YouTube Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Like many older Americans, Tom from Lancaster, Pennsylvania is approaching retirement with nothing saved. After witnessing his father die six months before retirement and suffering a heart attack himself, he went on a spending spree: “I was like, ‘I’m going to live like it’s my last,’ because you just don’t know,” he told hosts of The Ramsey Show during a recent episode ...

Most banks and brokerage firms offer these accounts. But if you’re looking to combine the tax benefits of an IRA with a traditionally recession-resistant asset, opening a gold IRA might be worth considering.“It’s very probable that you will average a 12% annual rate of return over 40 years,” Orman said. “At the end of those years, you have a million dollars.”In an interview with Wall Street Journal this year, Orman explained that a 25-year-old could start putting $100 a month into an S&P 500 index fund thro ...