Reported 5 months ago
The article discusses the growing concern among Americans about the future of Social Security benefits and whether they should claim them early, as suggested by financial guru Dave Ramsey. Ramsey recommends claiming benefits at age 62 to invest the money in mutual funds for potentially higher returns, citing the unreliability of the Social Security system. However, other financial experts advise waiting until full retirement age or even age 70 for a larger monthly payout. The decision on when to claim benefits depends on individual circumstances, financial goals, and health, and it's advisable to consult a financial advisor for personalized advice.
Source: YAHOO