Take the Money and Run! Says Dave Ramsey
Snubbing conventional financial advice on drawing Social Security benefits at age 62, popular American radio personality Dave Ramsey a few years ago came out in favor of this move as a financial strategy. But, and this is a bug but, he counters this belief with a caveat that if you do this, you need to be prepared to invest the entire benefit payment in a “good mutual” fund. In a post on aol.com, GoBankingRates’ Vance Cariaga takes a detailed look at the pros, cons, and considerations associated with Ramsey’s strategy. So, if you’re leaning in this direction, this is a pretty good post to review. Check it out here.