When to Claim Social Security
A Ramsey expert says no perfect age exists to claim Social Security, especially with the 2032 trust fund deadline near.
Many people wonder when to start their Social Security benefits. Some claim them early. They often act out of fear, says Ramsey financial expert George Kamel. This is not a good strategy, he warns.
The Social Security trust fund faces a big deadline. By 2032, it could run out of money. This worries many people. They think about claiming their benefits sooner.
Kamel suggests waiting for full retirement age. This means bigger monthly checks. It is a long-term plan. This plan helps you get the most money.
Think about waiting to claim Social Security. It might mean more money each month. This helps secure your financial future.
Source: Fox Business