For many people, retirement is meant to bring financial stability after decades of work. Instead of worrying about debt, they hope to rely on savings, pensions, and Social Security to cover everyday expenses.
That was not the case for one 70-year-old caller who shared his finances during a conversation with personal finance expert Dave Ramsey. His story revealed a retirement plan overshadowed by student loan debt, almost no savings, and uncertainty over where he will live after leaving work.