Oregon woman ‘work hard’ ‘to retire with 80 – but Dave Ramsey says she needs to think of his plan again

A 70-year-old woman from Portland Abigail, Oregon, “he said,” he said, “he said to be able to retire until the 80s,” he said. This goal can now be within something that a solar company offers to rent its planting area. Again, the deal is not sure that the financial lives or responsibility.

O Called to the Ramsey show Looking for advice and offers a solar farm to make a solar farm, offering a solar farm, he said, he said.

The receiving Abigail may allow to retire in a few years – but there is a potential trap.

“I looked at these deals,” said the individual financial identity Dave Ramsey. “If they are bankrupt, obviously this lease has been canceled and then there is a bunch of farms.

Ramsey, leasing, Abigail’in said it was worth $ 3 million today, he said.

Although he had a technical land, it would be closed for decades. Any future recipient should have accepted the rental terms that apply a potential sales or inheritance.

Ramsey asked if it all was worth it. “I won’t like my answer, but for this dollar a $ 3 million asset and I have a whole yard.”

Alternatively suggested: “I would use to sell 10 acres and live this money.”

Abigailin’s husband is not the support of leasing or selling lands, but Ramsey responded sharply. “You are working at 70 and you are worried about how you eat in 80. When your husband was young, we could not make enough money and we are trying to ensure his wife’s food and sell their lands.”

Ramsey said he would understand $ 10 hectares by talking to the real estate agent and land researcher. This would give the rest of the property or his heirs to retire without a long-term rental.