Understanding Spousal IRAs and Financial Sacrifices for Education

This chapter explores the benefits of spousal IRAs, allowing non-working spouses to save for retirement through their partner's income. It also features a caller's touching story about balancing retirement savings with funding her children's education as a single mother.

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Dave Ramsey and Rachel Cruze answer your questions and discuss:

"Should I invest into real estate instead of paying off my student loans?"
"I'm drowning in debt and don't know what to do..."
"Should I be allowed to spend $5-8,000/year on my sailboat when my wife says our kitchen needs remodeling?"
"Are we obligated to give our dad money?"
"Can we afford a $4,000 monthly mortgage payment?"
"When and how do we give our kids access to the money they've earned on YouTube?"
"My husband opened a credit card in my name and then passed away. Can I get out of this debt?"
"I'm 38 and have nothing saved for retirement..."
"Should we be investing more than 15% to compensate for my wife who's a stay-at-home mom?"
"I drained my 401(k) to pay for my kids' college. I'm scared that I now have to start over with my retirement savings..."