How to Save Up for Retirement

Dave Ramsey: My wife and I, we just became consumer debt free. We will have our emergency phone built up within the next two months. And I just wasn't sure if it's better to build the equity in our existing mortgage or get a sizable down payment for cash. Dave: Well once you've got your emergency funds saved, walking down the baby steps, then you're going to start putting that 15% away for retirement.