Dave Ramsey SHOCKS Caller With Social Security Question (#206)

Financial Advisors Say The Darndest Things by A.B. Ridgeway

Episode notes

Episode Summary: In this episode, Dave Ramsey addresses a caller's question about when to start drawing social security benefits. The caller provides details about her financial situation, including her pension and retirement savings. Dave discusses the caller's options and emphasizes the importance of considering all aspects of retirement planning.

Key Takeaways:

  1. Multiple Streams of Income: Dave highlights the caller's approach of not relying solely on social security by maintaining multiple streams of income. He emphasizes that individuals can establish income streams through saving and slowly withdrawing funds as needed, providing financial stability in retirement.
  2. Understanding Net Worth: The caller demonstrates a strong understanding of her financial ... 
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Keywords
how to get ready for retirementsocial security benefits