Its Not an Age
Its a Financial Number
For I know the plans I have for you...
plans to give you hope and a future.
Jeremiah 29:11
Its Not an Age
Its a Financial Number
CHRIS HOGAN
2016 Lampo Licensing, LLC
Published by Ramsey Press, The Lampo Group, Inc.
Brentwood, Tennessee 37027
All rights reserved. No portion of this book may be reproduced, stored in a retrieval system, or transmitted in any form or by any meanselectronic, mechanical, photocopy, recording, scanning, or otherexcept for brief quotations in critical reviews or articles, without the prior written permission of the publisher.
Dave Ramsey, The Dave Ramsey Show, Financial Peace, Financial Peace University, The Legacy Journey, Smart Money Smart Kids, Rachel Cruze, The Total Money Makeover, and Retire Inspired are all registered trademarks of Lampo Licensing, LLC. All rights reserved.
This publication is designed to provide accurate and authoritative information with regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering financial, accounting, or other professional advice. If financial advice or other expert assistance is required, the services of a competent professional should be sought.
Scripture quotations marked NKJV are taken from the New King James Version. Copyright 1982 by Thomas Nelson. Used by permission. All rights reserved.
Scripture quotations marked NIV are taken from the Holy Bible, New International Version, NIV, Copyright 1973, 1978, 1984, 2011 by Biblica, Inc. Used by permission of Zondervan. All rights reserved worldwide.
Editors: Matt Litton, Allen Harris, Jen Gingerich
Cover Design: Tim Newton, Micah Kandros
Interior Design: Mandi Cofer
ISBN: 978-1-9370-7781-5
CONTENTS
DEDICATION
T o Mama Hogan for all the love, prayers, and guidance youve given me all my life. Your wisdom and counsel have been instrumental! Thank you for being my mother and my friend. Ive always remembered, and I will never forget!
To Melissa, my wife, cheerleader, and greatest supporter. Thank you for your constant encouragement and understanding. You are the catalyst for all this, and I am so honored to have you with me on this journey with our boys!
To the Hogan boys, Tyson, Brock, and Case. You are my greatest legacy. Im proud to be your father and excited to see you continue to grow into great, godly men!
ACKNOWLEDGMENTS
W hen we started this project, I had no idea how hard it would be and how many people it would take to get a book off the ground! I now have a whole new respect for the incredible team of people Ive been blessed to work with on this book. Theres no way I could thank every single person who touched this project, but I definitely want to say a special word of thanks to:
Dave Ramsey, my friend and mentor, for sharing your platform and pushing me to be better every day.
Matt Litton, my editor, for helping me put countless hours worth of coaching, teaching, and stories onto the page.
Allen Harris, friend and word master, thank you for steering and guiding this project from start to finish!
Preston Cannon for leading this project and blazing a trail!
Rick Prall and Jen Gingerich, for your incredible developmental and editorial support.
Luke LeFevre, Tim Newton, and Micah Kandros for overseeing all the design elements and cover art.
Beth Tallent and Meg Grunke, my publicity dream team.
Jeremy Breland, Suzanne Simms, Darrell Moore, Brent Driver, Dawn Medley, Jen Sievertsen, Brian Williams, Joel Rakes, and the rest of our Ramsey Solutions team for your time, prayers, leadership, and hard work throughout this entire project. We did it, guys!
FOREWORD
Dave Ramsey
I ve been blessed to teach Gods and Grandmas ways of handling money to people across the country for a few decades. Early on in my career, the people I looked up to, the ones who had paved the way in the area of biblical personal finance, were Larry Burkett, Howard Dayton, and Ron Blue. These guys were the masters, the dream team of biblical personal finance. It was an honor to come alongside them and carry the message of financial peace forward to a new generation.
But in all the years since I first started talking about money, Ive felt like somethingmaybe someone was missing. I believe that once in a generation, God sends a fresh, loud voice into the area of personal finance. A big voice to shake things up. A voice to get peoples attention and get their financial plans on track. A voice to lead the way in a world full of confusing financial strategies, bad advice, and investing products that look like they were named with leftover Scrabble letters. I am excited to say that, after years of waiting, Ive found that missing voice. In my opinion, Chris Hogan is the voice of retirement in America today.
Chris gets what so many other financial guys miss: Retirement isnt about math and interest rates; its about your dreams. Sure, the math matters, but if you dont have your dreams at your back pushing you forward, youll never be motivated to do the hard work of saving and investing over the course of several decades. You definitely need a tactical planand this book will give you thatbut if you dont start with a dream of what your life will look like in that someday world, you probably wont make it.
I dont hear a lot of so-called experts talk about dreaming as part of a healthy retirement plan. Maybe thats why when most people hear the word retirement they usually feel a sense of dread and despair. I hear those calls on my radio show every single day. So many of the people I talk to arent working toward a dream; theyre running into a nightmare! But when you follow the plan Chris outlines in this book, you wont just dreamyoull start living your dreams in high definition!
Ready to Invest?
But before you dive in to the incredible plan Chris lays out in this book, I want to make sure youre actually ready to invest. If youve read any of my books, listened to my radio show, or attended Financial Peace University , which Chris and I teach together, you already know about the Baby Steps. Just in case, though, lets take a minute to run through them. These seven steps show you exactly what to do and the order in which to do it. Retire Inspired is going to get you excited about saving for retirement, and thats great! But doing a good thing at the wrong time can lead to trouble. I want to help you avoid that.
Baby Step 1: $1,000 Beginner Emergency Fund