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

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“It’s total free speech, politically. So that’s why Donald Trump and others have now flip-flopped on this and don’t want to shut down TikTok.”

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March 14, 2024

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(Photo: Mark Simone)

Yesterday, Congress approved a bill that could ban TikTok in the United States. 710 WOR host Mark Simone believes he knows why the recent push has gotten so much support.

While discussing the legislation Thursday, the New York-based host argued that the platform’s lack of censorship has made it a prime target from those on the other side of the political aisle.

“I know it’s kind of silly, stupid, but believe it or not, all over TikTok, there’s a lot of political discussion. And unlike Facebook and Instagram, and even Twitter…They don’t censor conservatives on TikTok,” said Simone. “They don’t shadowban them or throttle them down. It’s total free speech, politically. So that’s why Donald Trump and others have now flip-flopped on this and don’t want to shut down TikTok.”

197 Republican representatives voted in favor of the bill, compared to 155 Democrats. Only 15 Republicans opposed the bill, while 50 Democrats voted against it.

Mark Simone continued by noting that forcing ByteDance, the parent company of the social media app, to sell could push it into the hands of Facebook founder Mark Zuckerberg, who he believes has a history of strong censorship against conservatives.

“The fear is, if you ban it, you give total control of social media to Zuckerberg, who is just legendary for his censorship of conservatives. Now, the other problem is if you forced the sale of TikTok, the most obvious likely buyer would be Facebook and then once again, Zuckerberg has total control of everything,” Simone stated. “Who would you trust more with your data? Communist China or Mark Zuckerberg? It’s quite a toss-up there. I don’t know.”

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“This is a guy who doesn’t want it, but just wants to complain that he doesn’t have it.”

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22 hours ago

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March 14, 2024

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(Photo: Tony Katz)

Don Lemon remains the talk of the news media world after revealing his deal with X for a program was canceled by Elon Musk after their on-camera interview. Tony Katz believes the conversation was a setup.

While discussing the move on Tony Katz + The Morning News on 93 WIBC, the Indianapolis host argued if you thought Lemon learned from his CNN firing, think again.

“He really believed that he was touched with the secret knowledge and you needed to be instructed,” Katz said of Lemon’s attitude during his time with the cable news giant. “He’s impossible to deal with on the morning show, because of course, he believes himself to be the most important person out there. And then he gets fired. It seems that the firing would be a little bit humbling.

“But in this first episode, Don Lemon was so aggressively nasty. He hasn’t changed at all! He’s pompous and maniacal.”

Katz continued by sharing his belief that Lemon intentionally pressed Musk to the point of cancellation so he could return to his “victim” status.

“He has learned nothing. And I am here to tell you that to me. It seems obvious that Don Lemon wanted to burn it all down. That this was an act of self-sabotage. Having lived through some of this in my life, this is a guy who doesn’t want it, but just wants to complain that he doesn’t have it,” he said, before comparing Lemon to another high-profile figure. “Don Lemon is the Colin Kaepernick of today.”

The comments from Katz on his radio show echo those he shared on social media late Wednesday evening after the news of Lemon’s cancelation became public.

It seems very obvious, to me, that @donlemon wanted to burn it all down.

— Tony Katz (@tonykatz) March 14, 2024

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“This guy sits down and proceeds to bite the hand that’s feeding him.”

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March 14, 2024

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(Photo: Joe Pags)

Don Lemon revealed his contract with social media platform X was terminated after a contentious interview with Elon Musk. Joe Pags questions the motives of the former CNN host.

Lemon claimed that nothing was off limits in the interview with Musk, with the billionaire deciding to cancel the contract that had previously been offered for the former CNN host to helm a program on the platform. Elon Musk defended the decision, claiming Don Lemon was under the control of former CNN executive Jeff Zucker.

After hearing of the news, syndicated radio host Joe Pags took to X to share his thoughts on what he viewed as Lemon’s missteps.

“Let me make sure I’ve got the story right… Elon Musk, here on X, throws him a lifeline. Don Lemon takes the lifeline. He’s going to do a show on X. Got a contract. First interview? Elon Musk. And he gives him the hardest time he possibly can, trying to prove that he’s some sort of a journalist, which he’s not,” Joe Pags said.

Don Lemon or DUMB Lemon. Do I have this right, @elonmusk ?? pic.twitter.com/Mowt4TS2Ot

— Joe Pags Pagliarulo (@JoeTalkShow) March 14, 2024

“You can go through Don Lemon’s history and the things that he said on CNN, which so many of them were decidedly and verifiably wrong, that you just had to look at the guy said, ‘Alright, well, listen, it’s a commentary show. And if CNN is making money, what are you going to do?’ But this guy sits down and proceeds to bite the hand that’s feeding him. And then what does he do? He runs to CNN, shows part of the video, and then complains about the guy that just tried to save him from being dumped by CNN! You can’t make this up!”

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

FAQs

What are the 4 funds Dave Ramsey recommends? ›

That's why we recommend splitting your investments evenly (25% each) between four types of stock mutual funds: growth and income, growth, aggressive growth, and international.

What happened to the Dave Ramsey show? ›

After 20 years of broadcasting on WTN, on January 1, 2013, the show moved to 102.5 FM ("The Game"). Ramsey and WTN were unable to come to terms over a renewal contract. One year later, on January 1, 2014, the show moved to WLAC. As of 2021, the show is heard on more than 600 stations.

What percentage of your income does Dave Ramsey recommend investing for retirement? ›

Investing Principle 2: Invest 15% of your income in tax-advantaged retirement accounts. Once you've completed the first three Baby Steps, you're ready for Baby Step 4—investing 15% of your household income in retirement.

How much does Dave Ramsey withdraw from retirement? ›

Thinking Big. Recently, a radio talk show host named Dave Ramsey recommended that retirees invest 100% of their assets in equities, from which they would withdraw 8% per year of the portfolio's starting value, with each year's expenditures adjusted for inflation.

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.

Is Dave Ramsey a Millionaire? ›

At the age of 26, Dave Ramsey's real estate portfolio was worth $4 million, and his net worth was just over $1 million. 6As of 2021, his net worth is around $200 million.

How did Dave Ramsey lose? ›

He was also in debt to banks for millions of dollars. Unfortunately, due to various circ*mstances — including the financial climate in the late 1980s — the banks called Ramsey's notes, and he ended up having to file bankruptcy because he was unable to pay off the enormous amount of debt he owed in a few short months.

Is John Delony still with Ramsey? ›

He now writes, speaks and teaches on relationships, mental health, anxiety and wellness. He also hosts The Dr. John Delony Show where he answers callers' questions about all of the above, and serves as co-host of The Ramsey Show where he helps unpack the psychology behind finances.

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

The $1,000-a-month retirement rule says that you should save $240,000 for every $1,000 of monthly income you'll need in retirement. So, if you anticipate a $4,000 monthly budget when you retire, you should save $960,000 ($240,000 * 4).

What is the ideal net worth for retirement? ›

Assuming an inflation rate of 4% and a conservative after-tax rate of return of 5%, you should aim for a savings target of $1.3 million to fund a 30-year retirement that begins at age 67. This would give you an investment portfolio that produces about $50,000 a year in income.

Is 55 too late to start saving for retirement? ›

If you're between 55 and 64, you still have time to boost your retirement savings. Start by increasing your 401(k) or other retirement plan contributions if you aren't already maxed out. Consider whether a bigger pension or a higher Social Security benefit is worth working a little longer.

How many people have $1,000,000 saved for retirement? ›

In fact, statistically, around 10% of retirees have $1 million or more in savings. The majority of retirees, however, have far less saved.

What is the 25x rule for retirement? ›

If you want to be sure you're saving enough for retirement, the 25x rule can help. This rule of thumb says investors should have saved 25 times their planned annual expenses by the time they retire, according to brokerage Charles Schwab.

What percent of savings should you withdraw at age 70? ›

As an estimate, aim to withdraw no more than 4% to 5% of your savings in the first year of retirement, then adjust that amount every year for inflation.

What is the 80 20 rule Dave Ramsey? ›

There's an 80-20 rule for money Dave Ramsey teaches which says managing your finances is 80 percent behavior and 20 percent knowledge. This 80-20 rule also applies to constructing a healthy life. Personal wellness is 80 percent behavior and 20 percent knowledge.

What does Dave Ramsey recommend for savings? ›

Ramsey's general recommendation in his Baby Steps has long been to start with having $1,000 saved in a starter emergency fund. If you earn under $20,000 a year, the post on Ramsey Solutions said you may adjust this amount to $500.

What is the 4% financial rule? ›

The 4% rule is a popular retirement withdrawal strategy that suggests retirees can safely withdraw the amount equal to 4% of their savings during the year they retire and then adjust for inflation each subsequent year for 30 years.

What is the 3 fund rule? ›

A three-fund portfolio is a portfolio which uses only basic asset classes — usually a domestic stock "total market" index fund, an international stock "total market" index fund and a bond "total market" index fund.

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