Suze Orman Advises Against Investing $500 Per Month from Early Social Security Benefits

Reported 8 months ago

Personal finance expert Suze Orman recently advised a caller on her podcast against claiming Social Security early and investing the $500 monthly benefit, stating it would be the most ridiculous thing to do. Orman recommends waiting to receive the full benefit by delaying Social Security claims until at least age 67 or later, as it results in larger payouts. With increasing life expectancy, Orman emphasizes the importance of making well-informed decisions regarding Social Security benefits to secure a comfortable retirement.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis