24-Year-Old With $120K Salary Feels 'Behind'; Ramsey Hosts Say His $50K Could Reach $12M

24-Year-Old With $120K Salary Feels 'Behind'; Ramsey Hosts Say His $50K Could Reach $12M

A 24-year-old earning $120,000 (£90,000) a year phoned The Ramsey Show, convinced he was falling behind. The hosts ran his figures through a compound-growth calculator and projected that the $50,000 (£37,500) already in his retirement accounts could grow to as much as $12 million (£9 million). The caller, Jordan, works for the government in San Diego. He carries no credit card debt and saves hard. Yet the home, the marriage, and the children he …