[where's_the_Outrage?]

Never heard of Dave Ramsey, but I had various goals:

1. Become debt free (did that at age 47)

2. Invest in IRAs and 401ks

3. Plan to get monthly income. I have several sources such that I don’t need to touch IRAs/401Ks.

4. Don’t put all your eggs in one basket.

[TexasGurl24]

That’s a rough version of the Ramsey plan.

1. Save 1000.
2. Throw everything outside of that 1000 to your debts, starting with the smallest to largest. Pay off everything except the house.
3. Save 3-6 months of expenses in an emergency fund.

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The next three are done together.
4. Pay for kids college.
5. Save 15% of your gross income for retirement in good mutual funds.
6. Pay down the debt on the house.

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7. Give generously and build wealth.

[Osage Orange]

Never liked IRA's or 401k's...Have not had one since the late 80's...

Why..you might ask?

Poor returns...on MY money. And those "ships" turn slowly.

And I don't want "someone"...directing MY money.

Started long time ago..investing myself. A world of difference....

[Starboard]

Become debt free (did that at age 47)

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Absolutely! I can guarantee you retirement will cost more than you think. There will always be unexpected expenses. Its not necessarily due to a lack of financial discipline; its more a case of a natural human tendency to underestimate things and a variety of events that “conspire” against you.

[cornfedcowboy]

Dave Ramsey would approve of what you are doing although he would add
1.Be sure to have a low burn rate and live and spend well within your means.
2.Be generous.