Dave Ramsey makes the case for claiming benefits sooner rather than later.
Transcript:
DAVE RAMSEY: Well, the trick is mathematically, if when you’re going to die, then you could figure that out. But it’s a little tough. So, you know, if you’re in good health, I want you to take it quick. If you’re in bad, probably. I’m probably going to take it quick either way. I’m going to get my money as quick as I can and get it working harder than it’s working, sitting over in the government. Even if you’re not using it for consumption, you’re turning around, reinvesting it. At least you’re getting it out of the government’s pocket and putting it into a real investment. Because we all know Social Security has a negative rate of return. And so leaving it sitting there, if you run the numbers out, I mean, it, I, I like taking it early.
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