Dave Ramsey has surprising advice on Social Security
The financial guru’s suggestion goes against common warnings.
Social Security is a predominant source of income for retired seniors. The Social Security Administration (SSA) says that among households gentle 65 and over, 50% accumulate as a minimal half of of their retirement income from Social Security.
The SSA furthermore experiences that among households 65 and over, 25% count on Social Security for 90% of their retirement income or more. This underscores the significance of maximizing benefits, particularly given Individuals’ sizable lack of lengthy-timeframe financial savings.
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